By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium in the forward market. This does not necessarily indicate anything about the value of the currency.
By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium in the forward market. This does not necessarily indicate anything about the value of the currency.
By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium in the forward market.
By definition, if the spot rate is less than the forward rate, the currency is said to be selling at a premium in the forward market.
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