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Interpret and Quote Foreign Currency Exchange Rates

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Compute the indirect quote for the spot and forward Canadian dollar, yen, and Swiss franc contracts.

Selling Quotes for Foreign Currencies in New York
COUNTRY-CURRENCY CONTRACT $/FOREIGN CURRENCY
Canadian-dollar Spot .8437
30-day .8417
90-day .8395

Japanese-yen Spot .004684
30-day .004717
90-day .004781

Swiss-franc Spot .5139
30-day .5169
90-day .5315

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Compute the indirect quote for the spot and forward Canadian dollar, yen, and Swiss franc contracts.

Selling Quotes for Foreign Currencies in New York
COUNTRY-CURRENCY CONTRACT $/FOREIGN CURRENCY
Canadian-dollar Spot .8437
30-day .8417
90-day .8395

Japanese-yen Spot .004684
30-day .004717
90-day .004781

Swiss-franc Spot .5139
30-day .5169
90-day .5315

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