What is the value date of a 6-month outright forward FX transaction dealt today, if today's spot date is Monday, 30th June? Assume there are no bank holidays.

The correct answer is C. 31st December. See the full explanation below for the reasoning.

Question

Options

A27th December
B30th December
C31st December
D1st January

How the community answered

(27 responses)

A
15% (4)
B
11% (3)
C
70% (19)
D
4% (1)

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