![in question 2, we have both bought and sold euros at spot rate then what’s the use of forward rates given, why aren’t we using them though that can save loss to a extent](https://forum.sseiqforum.com/wp-content/uploads/2023/03/WhatsApp-Image-2023-03-08-at-11.18.48-PM-1-260x185.jpeg)
Surbhi ChopraBeginner
in question 2, we have both bought and sold euros at spot rate then what’s the use of forward rates given, why aren’t we using them though that can save loss to a extent
![in question 2, we have both bought and sold euros at spot rate then what’s the use of forward rates given, why aren’t we using them though that can save loss to a extent](https://forum.sseiqforum.com/wp-content/uploads/2023/03/WhatsApp-Image-2023-03-08-at-11.18.48-PM-1-260x185.jpeg)
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All calculations are done on spot. Hence forward contracts are not required.