Query about foreign exchange and foreign trade?

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CHARTERED ACCOUNTANT

670 Points Posted on 23 May 2010

What is difference between hedging and forward contract?

2. Please explain about the cancellation and extention of forward contract and its implications on the bank-importer or bank-exporter dealings?

3. What is TT buying and TT selling rate?

4. what is recent "Exchange Marging" as per FEDAI in case of:

i) TT buying rate

ii) TT selling rate

iii) Bill buying rate

iv) bill selling rate

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Article

1061 Points Posted on 25 May 2010

Boss u shouid post ur query under correct head to get quick reply.

Ur query has nothing to do wid custom.....

hope u get it.

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