Dear members,
The company is involving me in forward covers.
I dont have much idea practically.
Can u pls tell me what is margin, premium, discount (that is added/substracted to the spot rate). And on which factors these things vary ?
Also, wen we take spot conversion, there is some addition/substraction to the spot rate depending up on the delivery period. Pls explain me this. How is delivery period is related to variation in spot rate ?
Pls pls reply...
Thanks in adv..
CAclubindia
