SamuiRes Posted April 11, 2006 Share Posted April 11, 2006 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 Link to comment Share on other sites More sharing options...
gwkenny Posted April 12, 2006 Share Posted April 12, 2006 My guess would be 1-month fixed term forward contracts and those are the sell/buy spreads against the spot rate. fun fun Link to comment Share on other sites More sharing options...
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