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17 September 2009 forward rate cheaper quoted at---
forward rate expensive quoted at---

17 September 2009 Sorry sir bit I don't understand your query. Kindly elaborate a bit.

Thanks

17 September 2009 Hello dear....
The Forward rate may be expressed as being at parity (par), or at a Premium (dearer) or at a Discount (cheaper), when related to the spot rate. It follows therefore that premiums are deducted from the spot rate and discounts are added to the spot rate.



17 September 2009 forward rate cheaper quoted at DIscount
forward rate expensive quoted at premium



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