Question:

What are the factors that affect your decision of utilizing spot versus forward exchange rates? Whic

by Guest9248  |  12 years, 8 month(s) ago

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Considering that your company possesses only U.S. dollars, identify the spot and forward exchange rates. What are
the factors that affect your decision of utilizing spot versus forward exchange rates? Which one would you choose?
How many dollars do you have to spend to acquire the amount of yen required?

 Tags: affect, decision, exchange, Factors, forward, rates, spot, UTILIZING, versus, Whic

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  1. Guest6422
    simply use spot rates if you have to pay for something immediately and use a forward if 1) it is a good rate of exchange 2) if you want to budget costs into the future.

    i would always use a currency broker when exchanging currency i.e omnisfx as they will give you all the options and suggest market direction.

    check out www.currencyexchange-advice.com for more info on the subject

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