If the Spot Rate of $ in Mumbai is Rs. 46.70 and the 3 months rate is Rs. 46.45, then which is correct for the forward market?
| A. | That Rupee is at premium |
| B. | That Rupee is at discount |
| C. | $ is at premium |
| D. | None of the above |
Answer : A Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
