Your FX swap dealer bought and sold 1 month GBP/USD 25,000,000,00; rates were set to 1,5305 against 1.5300. What payment is your bank expecting in a month from now?

The correct answer is A. USD 38,250,000.00. See the full explanation below for the reasoning.

Question

Options

AUSD 38,250,000.00
BUSD 38,262,500.00
CGBP 25,000,000.00
DUSD 16,339,869.28

How the community answered

(44 responses)

A
84% (37)
B
5% (2)
C
9% (4)
D
2% (1)

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