In this sum company needs to buy SKW, so while calculating hedging under NDF we will consider the ask rate which is 1190. 50. But the sum has considered bid rate which is 1190. The quotation is USD/ SKW and there ...Read more
In this sum company needs to buy SKW, so while calculating hedging under NDF we will consider the ask rate which is 1190. 50. But the sum has considered bid rate which is 1190.
The quotation is USD/ SKW and there is no googly also. Please clarify if the rate considered in the answer is correct or wrong
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