按远期差价计算远期汇率方法研究

Study on the method of counting forward rate by forward margin

一种货币在兑换另一种货币时,远期汇率有升水或贴水情况。直接标价法下,远期汇率等于即期汇率加升水数或减贴水数。在间接标价法下,远期汇率等于即期汇率减升水数或加贴水数。本文介绍一种方法,在不知道"标价方法"和"升水"或"贴水"的情况下,也可以计算远期汇率。

The forward rate of a currency is at a 'premium' or at a 'discount' in terms of another. The forward rate is obtained by adding the premium to, or subtracting the discount from the spot rate the direct quotation method ,or vice verse under the indirect quotation method. This paper introduces a method that even if we don't know 'quotation method' and 'premium' or 'discount', we also can count forward rate.