Fight Finance

Courses  Tags  Random  All  Recent  Scores

Scores
keithphw$6,001.61
Yizhou$489.18
Visitor$482.43
Visitor$370.00
allen$340.00
Visitor$300.00
Donnal$190.00
Visitor$150.00
Visitor$130.00
Visitor$119.09
Visitor$110.00
Mahmood$109.43
Visitor$100.00
Visitor$70.00
Visitor$60.00
Visitor$60.00
Visitor$50.00
Visitor$50.00
Visitor$42.65
Visitor$40.09
 

Question 626  cross currency interest rate parity, foreign exchange rate, forward foreign exchange rate

The Australian cash rate is expected to be 2% pa over the next one year, while the Japanese cash rate is expected to be 0% pa, both given as nominal effective annual rates. The current exchange rate is 100 JPY per AUD.

What is the implied 1 year forward foreign exchange rate?




Copyright © 2014 Keith Woodward