Forex exchg margin buyng n sellng

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Raghav (Querist)
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17 September 2013 Margin of bank for forex tranj. Let 8% on buyng n 10% on sellng ...
Customr wnt to sell $ to bank so 1st of all bank enter into cover tranj with marlet let 1$=60 n then cot rate for customr by deductng margin .....
So my Q is which margin rate shall be apply on 60..
Means bank ki margin rate kese lgti h.... Buyng kb lgti h n sellng kb??
Plz aap CONCEPT btana formula nhi....

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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19 September 2013 It depends on the rate prevailing on the date of purchases and date of sales. In the volatile market condition you cannot fix any margin rate