Sir ne iska brilliant example leke class mei explain kra tha Suppose ek student ko abroad studies ke lie jaana hai toh vo bank jaa ke draft buy krta hai yaani bank sell krra forward ( paisa baad mei chahiye student ko ) bt baad mei student ka mind change hogya & vo draft cancel krvane gya bank TRead more
Sir ne iska brilliant example leke class mei explain kra tha
Suppose ek student ko abroad studies ke lie jaana hai
toh vo bank jaa ke draft buy krta hai
yaani bank sell krra forward ( paisa baad mei chahiye student ko )
bt baad mei student ka mind change hogya & vo draft cancel krvane gya bank
Toh student ab sell krega & bank forward buy – cancel mtlb opposite
Forex – Why Foreign currency draft cancelled is treated as cancellation of forward sale contract??
Sir ne iska brilliant example leke class mei explain kra tha Suppose ek student ko abroad studies ke lie jaana hai toh vo bank jaa ke draft buy krta hai yaani bank sell krra forward ( paisa baad mei chahiye student ko ) bt baad mei student ka mind change hogya & vo draft cancel krvane gya bank TRead more
Sir ne iska brilliant example leke class mei explain kra tha
Suppose ek student ko abroad studies ke lie jaana hai
toh vo bank jaa ke draft buy krta hai
yaani bank sell krra forward ( paisa baad mei chahiye student ko )
bt baad mei student ka mind change hogya & vo draft cancel krvane gya bank
Toh student ab sell krega & bank forward buy – cancel mtlb opposite
so it is long
Hope it helps
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