Us dollar exchange rate notification SMS

Spot exchange rate: USD/CHF = 1.6620/40, 1 month swap rate: 265/245, and 3-month swap rate: 350/3 10.

One-month forward exchange rate: USD/CHF = (1.6620-0.0265)/(1.6640-0.0245) =1.63551.6395.

Three-month forward exchange rate: USD/CHF = (1.6620-0.0350)/(1.6640-0.0310) =1.6270/. 6330。

1-3 months selective exchange rate: USD/CHF = 1.6270/ 1.6395.

In the selective foreign exchange transaction of 1 month to 3 months, the exchange rate for banks to buy US dollars is 1.6270, and the exchange rate for customers to buy US dollars (that is, banks to sell US dollars) is 1.6395.

2、

The 3-month Hong Kong dollar interest rate is higher than the US dollar, and the forward Hong Kong dollar depreciates. According to the exchange rate parity, the depreciation rate is 4%, that is, the three-month depreciation is 1%. Because there is no difference between loans and loan interest rates, therefore:

The three-month forward exchange rate is USD/HKD = 7.8850 * (1+1%)/7.8870 * (1+1%) = 7.9639/7.9659.

3、

"Exchange rate", also known as "foreign exchange market" or "exchange rate", is the ratio of one currency to another, and the price of another currency is expressed in one currency. Because the names and values of currencies in different countries (regions) in the world are different, a currency should specify an exchange rate for the currencies of other countries (regions), that is, the exchange rate. In the short term, the exchange rate of a country (or region) is determined by the demand and supply of foreign currency in that country (or region). Foreigners buying their own goods, investing in their own country and investing in their own currency will affect the demand for their own currency. Domestic residents want to buy foreign products, invest abroad and speculate in foreign exchange, which affects their money supply. In the long run, the main factors affecting the exchange rate are: relative price level, tariffs and quotas, preference for domestic goods relative to foreign goods and productivity.