Q.63 OF FOREX PM CA FINAL SFM
Channel: PAVAN SIR CLASSES
Date: 2020-10-03

QUESTION 63
You have following quotes from Bank A and Bank B:
                          Bank A      Bank B
SPOT USD/CHF 1.4650/55 USD/CHF 1.4653/60
3 months                5/10
6 months                10/15
SPOT GBP/USD 1.7645/60  GBP/USD  1.7640/50
3 months                25/20
6 months                 35/25
Calculate:
(a) How much minimum CHF amount you have to pay for 1 Million GBP spot?
(b) Considering the quotes from Bank A only, for GBP/CHF what are the Implied Swap points for Spot over 3 months?