ACI
3I0-012 · Question #236
3-month USD/CHF is quoted at 12/10. Interest rates in Switzerland are reduced but USD rates (which are higher) are unchanged. What would you expect the 3-month forward USD/CHF rate to be?
The correct answer is B. 15/13. See the full explanation below for the reasoning.
Question
3-month USD/CHF is quoted at 12/10. Interest rates in Switzerland are reduced but USD rates (which are higher) are unchanged. What would you expect the 3-month forward USD/CHF rate to be?
Options
- Aunchanged
- B15/13
- C10/8
- D6/4
How the community answered
(17 responses)- A6% (1)
- B82% (14)
- D12% (2)
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