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Can anyone explain the Forward FX rates as shown below which is from the Siam Commercial Bank. Are these percentages or expected currency movements and over what period?

Forward FX Rates

Currency Bought Sold

ATS UNQUOTE UNQUOTE

AUD -2.4 1.5

BEF UNQUOTE UNQUOTE

CAD .4 4

CHF 8.2 12.3

DEM UNQUOTE UNQUOTE

DKK .1 2.5

EUR 7.8 12.9

FRF UNQUOTE UNQUOTE

GBP 1.8 8.2

HKD -1.3 2

ITL UNQUOTE UNQUOTE

JPY 12.4 16.6

MYR UNQUOTE UNQUOTE

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