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@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) 18 February 2014

Sfm

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

2 Replies

Sashikant Tripathi (Chartered Accountant) 18 February 2014

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 ?

CA Saroj Kumar (Keen to learn something new every moments) 18 February 2014

There is mistake i think....BCS both cant be same ..practically it is not possible.

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