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17 September 2009 forward rate cheaper quoted at---
forward rate expensive quoted at---
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Ankur Garg

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Ankur Garg (Expert)
17 September 2009 Sorry sir bit I don't understand your query. Kindly elaborate a bit.

Thanks
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Taranjit Singh

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Taranjit Singh (Expert)
17 September 2009 Hello dear....
The Forward rate may be expressed as being at parity (par), or at a Premium (dearer) or at a Discount (cheaper), when related to the spot rate. It follows therefore that premiums are deducted from the spot rate and discounts are added to the spot rate.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
17 September 2009 forward rate cheaper quoted at DIscount
forward rate expensive quoted at premium
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