Is the spot exchange rate at the time of accepting foreign currency investment the bank s selling pr

If the investment contract does not stipulate the exchange rate, it should be the bank's ** price.

Because at this time, you need to sell the foreign currency to the bank and convert it into the local currency, so for the bank, it is your foreign currency, so the converted exchange rate is the bank's ** price rather than the selling price.

When you need to exchange foreign currency from the bank, the local currency is used to convert the foreign currency, and the exchange rate provided by the bank is the bank's selling price.

This is the most basic foreign exchange knowledge, and the general foreign exchange books should explain what is the bank ** price and what is the bank selling price.

The bank's ** price is lower than the bank's selling price.

For example, the exchange rate of RMB against the US dollar announced by the Bank of China: the former is the ** price, and the latter is the selling price.

You can also think of it from another angle: banks will definitely buy low and sell high to maximize profits.

Therefore, when the bank ** your foreign currency is definitely converted at a relatively low bank exchange rate, and at the same time, when you need to exchange currency to the bank **, the bank will definitely use the relatively high bank selling exchange rate to convert it.

It's a bit wordy.

The exchange rate changes in real time according to a number of reasons, so the ** price and the ask price are different, and the spread is called the foreign exchange spread, and it is possible to profit from the middle.

Price: When it is the foreign currency.

Selling Price: This is the price at which the foreign currency is sold**.

Reasons for foreign exchange movements:

1) Balance of payments. If a country's balance of payments is in surplus, the exchange rate of that country's currency rises; If there is a deficit, the exchange rate of the country's currency falls. (2) Inflation. If the inflation rate is high, the country's currency exchange rate is low.

3) Interest rates. If a country's interest rate increases, the exchange rate is high.

4) The rate of economic growth. If a country has a high economic growth rate, the country's currency exchange rate is high.

5) Fiscal deficits. If a country has a large budget deficit, its currency exchange rate will fall.

6) Foreign exchange reserves. If a country's foreign exchange reserves are high, the country's currency exchange rate will increase.

Psychological expectations of investors. The psychological expectations of investors are particularly prominent in the current international financial market. Exchange psychology believes that the foreign exchange rate is a concentrated embodiment of the subjective psychological evaluation of currency by both foreign exchange supply and demand.

If the evaluation is high and the confidence is strong, the currency appreciates. This theory plays a crucial role in explaining the myriad or extremes of exchange rate fluctuations.

8) The impact of exchange rate policies of various countries.

Spot foreign exchange trading.

The delivery date is as follows: the standard delivery date; Alternate-day delivery, also known as cash delivery; Same-day delivery.

Classification of Spot Foreign Exchange Transaction Delivery DateThe day on which the two parties to a foreign exchange transaction enter into a foreign exchange agreement to trade is called the transaction date. After the transaction is reached, the act of both parties performing the transfer of funds and the actual receipt and payment of the corresponding monetary amount is called delivery, and this day is called the delivery date, also known as the settlement date.

The procedures for handling spot foreign exchange transactions require import and export contracts, issuing certificates in the bank and opening the corresponding foreign currency account in the bank, and there is sufficient amount to be paid in the account. Or bring a transfer check payable to the bank.

Transfer the sold currency directly to the bank. Customers can handle spot foreign exchange trading at the bank by reserving transaction instructions.

The customer applies for the approval of the ** transaction, and must also be able to submit to a legal representative of the enterprise.

Sign and affix the official seal of the "Authorization Letter for Entrustment of Delivery", specifying that the authorized person must reserve the ** transaction password in the bank. On the second working day after the transaction, the customer also needs to submit the transaction confirmation to the bank, if there is a dispute over the agreed delivery, the bank's transaction ** recording shall prevail.

Spot foreign exchange trading refers to a foreign exchange trading transaction in which the foreign exchange transaction is settled on the second bank business day after the transaction is concluded. If the value date is not a bank business day or holiday, it will be postponed. The exchange rate at which spot foreign exchange is bought and sold is called the spot rate.

Bank of China can also carry out foreign exchange transactions with same-day transaction and same-day interest and same-day interest and next-day interest according to the customer's requirements. The difference between spot foreign exchange trading and RMB arbitrage: spot foreign exchange trading, RMB arbitrage, transaction amount of more than 50,000 US dollars (including 50,000 US dollars) or equivalent in other foreign currencies. The amount of each transaction is less than US$50,000 or its equivalent in another foreign currency.

Spot foreign exchange trading is also known as spot currency trading.

It is the symmetry of forward forex trading. It refers to the form of foreign exchange transaction in which the buyer and seller in the foreign exchange market are settled on the same day or the second business day. Spot foreign exchange trading is the most common form of trading in the international foreign exchange market, and its basic function is to complete the exchange of currencies.

Its role is to meet temporary payment needs and to achieve the international transfer of purchasing power of money.

Summary. Hello dear and happy to answer your <>

The key points that need to be paid attention to in <> bank foreign exchange price and bank foreign exchange selling price are: 1. The price is the bank's purchase of foreign exchange, that is, the bank uses to purchase foreign exchange from customers; 2. The selling price is the foreign exchange sold by the bank, that is, the foreign exchange used by the bank to the customer. 3. In addition, customers also need to pay attention to the fluctuation of exchange rates and related fees when conducting foreign exchange transactions.

2.What are the key points to pay attention to in the bank foreign exchange ** price and the bank foreign exchange selling price?

Hello to you and happy to answer your <>

The key points that need to be paid attention to in <> bank foreign exchange price and bank foreign exchange selling price are: 1. The price is the bank's purchase of rock shelter or foreign exchange, that is, the bank uses to purchase foreign exchange from customers; 2. The selling price is the price of the bank's foreign exchange, that is, the price used by the bank to the customer's foreign exchange. 3. In addition, customers also need to pay attention to the fluctuation of exchange rates and related fees when conducting foreign exchange transactions.

Dear, here's an extension of your stool <>

<> foreign exchange is the creditor's rights that can be used in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term **** held by the monetary administration (Zhongqiao Liangyang Bank, monetary management agency, foreign exchange leveling** and the Ministry of Finance) in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term ****.

5.What is the definition of the law of one valence?

A manifestation of the theory of absolute purchasing power parity.

8.Knowing that the spot exchange rate of USD/HKD is USD 1=, if the one-year deposit interest rate of Yuanqing US Orange and Silver Pre-US Dollar and Hong Kong Dollar is 3% and 2% respectively, please calculate what is the forward exchange rate of 6-month USD/HKD according to the interest rate parity theory of hedging? (Use exact expression calculations.)

Good kiss. According to the theory of interest rate flat rent leakage of arbitrage, there should be: forward car macro exchange rate = i.e. closed book exchange rate x (1 + US dollar interest rate) 1 + Hong Kong dollar interest rate).

Substituting the known conditions, we get: forward rate = x (1+ x 1+ x. Therefore, the forward exchange rate of the 6-month US dollar against the Hong Kong dollar is about .

Spot foreign exchange trading: also known as spot trading or spot trading, refers to a trading behavior in which both parties to the transaction go through the delivery procedures on the same day or two trading days after the foreign exchange transaction is concluded. According to the different delivery methods, spot foreign exchange transactions can be divided into three types.

T/T delivery method,The payment method of telegraphic transfer is to notify the foreign exchange buyer and seller by telegram or telex that the bank (or the entrusting bank) will receive and pay the transaction amount.

Ticket delivery method,It refers to the remittance and collection of accounts by issuing bills of exchange, promissory notes, and checks. These instruments are the vouchers for bills of exchange.

Settlement method of letter exchange,It refers to notifying the foreign exchange buyer and seller by letter to the opening bank or the entrusting bank to record the receipt and payment of the transaction amount. The voucher of the remittance is the power of attorney for the remittance payment of the remittance bank or the trading center.

Spot exchange rate (spot

rate), also known as the spot exchange rate, refers to the exchange rate used by buyers and sellers for delivery on the same day or within two business days after the foreign exchange transaction is concluded. Forward rate (forward

rate) refers to the exchange rate at which the buyer and the seller sign a contract to reach an agreement on the agreed date in the future. Forward foreign exchange trading is introduced due to the different time required by foreign exchange buyers for foreign exchange funds, and in order to avoid foreign exchange risks.

If a country's currency tends to strengthen and the forward exchange rate is higher than the spot exchange rate, the forward difference is called a premium; If a country's currency tends to weaken and the forward exchange rate is lower than the spot rate, the forward spread is called a discount. In practice, the forward spread is often expressed in points, and each point is 1/10,000, i.e.

The difference between the spot exchange rate and the forward exchange rate: under the direct pricing method, the foreign exchange premium indicates that the forward exchange rate is greater than the spot exchange rate; Forward discount means that the forward rate is less than the spot rate. Under the indirect pricing method, the foreign exchange premium indicates that the forward exchange rate is less than the spot exchange rate; Forward discount means that the forward rate is greater than the spot rate.

The relationship between spot exchange rate, forward exchange rate and swap rate can be summarized as follows:

Under the direct pricing method: forward exchange rate = spot exchange rate + premium, forward exchange rate = spot exchange rate - discount.

Under the indirect pricing method: forward exchange rate = spot exchange rate - premium, forward exchange rate = spot exchange rate + discount.

It is important to be proficient and able to use the conversion relationship between the spot exchange rate and the forward exchange rate described above.

In international financial practice, some foreign exchange banks do not state whether the forward difference is a premium or a discount, but only quote two numbers, one large and one small, according to the convention, representing the points of premium and discount respectively. However, the specific number is the premium and which number is the discount, which needs to be judged according to the specific situation, and the specific rules are as follows:

1) Under the direct pricing method, if the forward spread is shaped like a "decimal large number", it represents the forward exchange rate premium of the base currency, and the forward exchange rate is equal to the spot exchange rate plus the forward difference.

2) Under the direct pricing method, if the forward spread is shaped like "large and small", it means that the forward exchange rate of the base currency is discounted, and the forward exchange rate is equal to the spot exchange rate minus the forward difference.

In other words, under the direct pricing method, if the two numbers of the forward difference given in the title are "small before and large after", it means that the forward premium is added, and the two numbers can be added to the two exchange rate values (foreign exchange ** price and selling price) of the given foreign exchange respectively; On the contrary, if the two figures of the forward spread given in the title are "the first is larger and the latter is small", it means that the forward discount can be subtracted by two digits from the two exchange rate values of the given foreign exchange. Under the indirect pricing method, if the two figures of the forward difference given in the question are "small before and large after", it means that the forward discount is deducted, and the two exchange rate values of the foreign exchange given can be subtracted by two numbers (foreign exchange selling price and ** price); On the contrary, if the two figures of the forward difference given in the question are "the first big and the last small", then the forward premium, and the two figures can be added to the two exchange rate values of the given foreign exchange respectively.

The buying rate is the symmetry of the selling rate, also known as the price. The exchange rate used by the bank to the customer in a foreign currency, i.e. the amount that the bank is willing to pay when it receives the foreign currency. The bank's foreign currency exchange rate, which is the company's foreign currency selling.

The spot exchange rate, also known as the current exchange rate, is the exchange rate at which the two parties reach a foreign exchange purchase and sale agreement and are delivered within two working days. This exchange rate is generally the current exchange rate in the foreign exchange market. The spot exchange rate is determined by the supply and demand of the currency at the time of delivery on the spot.

The exchange rate generally listed on the foreign exchange market generally refers to the spot exchange rate, unless the forward exchange rate is specifically indicated. The spot exchange rate usually refers to the mid-rate of the RMB foreign exchange rate of the day announced by the People's Bank of China.

**The exchange rate is the bank's floor price, and the spot exchange rate is the market open price, which is of course different.

Spot exchange transactions: also known as spot transactions, refers to a transaction behavior in which the two parties to the transaction go through the delivery procedures on the same day or two trading days after the foreign exchange transaction is concluded.

Basic Trading Method:

1) Spot foreign exchange trading is the most commonly used trading method in the foreign exchange market, and spot foreign exchange transactions account for the majority of the total foreign exchange transactions. The main reason is that spot foreign exchange trading can not only meet the buyer's temporary payment needs, but also help buyers and sellers adjust the currency ratio of foreign exchange positions to avoid foreign exchange rate risks.

2) By conducting spot foreign exchange transactions in the opposite direction equal to the amount of the existing open position (the difference between foreign exchange assets and liabilities and the part of the assets or liabilities exposed to foreign exchange risk), the company can eliminate the losses caused by exchange rate fluctuations within two days.

3) Spot foreign exchange trading only fixes the exchange rate for delivery on the third day in advance, and its hedging effect is very limited.

A foreign exchange transaction in which two different currencies are exchanged at an exchange rate agreed upon by both parties and cleared one or two business days later.

The World of Forex Terms Issue 17: Spot Forex Trading.

I can answer this question, WikiFX is very good.

Spot exchange, also known as spot exchange, refers to a foreign exchange transaction in which the two parties to the transaction in the foreign exchange market are immediately concluded, and the transaction is handled within the same day or two business days in principle. Most forex transactions are instantaneous, i.e. settled after 2 business days. This is the shortest time given to both parties to complete the preparation of the closing details, as well as to cope with the time difference, etc.; However, the delivery date of most transactions is still 2 business days later.

For example, a trade that is executed on Monday has a delivery date on Wednesday. If one or both of the currencies belong to a holiday, the delivery date is postponed by one day, in this case Thursday.

Interbank spot foreign exchange transactions According to **, after determining the transaction amount, the spot account transfer (delivery) is carried out at the same time, if there is a time difference in delivery, it is generally a small bank (or a bank with a relatively poor reputation) to transfer the currency first.