Sfm

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B.Com CA Final CS
5270 Points Joined September 2009

Hey guys, do you have any doubts in forex and that too in hedging ? please click below to understand hedging in forex and also for other concepts.

Forex - Part 1 - Basic

Forex - Part 2 - Basic

Forex - Part 3 - Parity Relationships

Forex - Part 4 - Hedging

 

Please mail your querry if any at siddharthbumb @ gmail.com

 

Thank You

 

Regards,

Siddharth Bumb (CCI Profile)

www.facebook.com/DTandIDT

www.siddharthbumb.blogspot.com

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On 18 February 2014 at 11:49 Report
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Chartered Accountant
218 Points Joined July 2009

Hi Siddharth, 

First of all, thanks for sharing this usefull topic and please explain me below query.

Why the BID rate and ASK rate is same in the below lines provided by you in Part 1?

"In the given quote, Rs 60 will known as BID (buy) rate and Rs 60 is known as ASK (sell) rate."

Is it a mistake ?

 

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On 18 February 2014 at 18:03
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Keen to learn something new every moment
2588 Points Joined June 2010
There is mistake i think....BCS both cant be same ..practically it is not possible.
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On 18 February 2014 at 20:01


CCI Pro

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