Am I speculating by utilizing the forward contract earlier? Am I speculating by utilizing the forward contract earlier?
Bank has agreed for 5 paisa per USD as its margin for FX remittances. However, it is charging higher margin USD borrowings like ECB, FCTL and PCFC. Is that the norm? Bank has agreed for 5 paisa per USD as its margin for FX remittances. However, it is charging higher margin USD borrowings like ECB, FCTL and PCFC. Is that the norm?
What are the factor deciding forward premium/discount? What are the factor deciding forward premium/discount?
Is there a major difference in buying and selling rate? Is there a major difference in buying and selling rate?
