96th Banking Diploma Solution|Trade Finance and Foreign Exchange | Q - 9 | AIBB

hello viewers welcome to the fin and wants to sell a 120 day us bill of Euro 65,000 to your bank export the buying exch rate of your bank how much does your bank have to pay to the exporter and please use the following then Transit period 10 days Profit margin bdd 0.10 per

Euro your Banks overhead charge 0625 finally there inter rate 6% Pere 360 days in a year please show your exchange rate equal buying exchange rate equal exchange rate per Euro minus total Marg US USD to b6101 EX lower limit 1.7. for to 01 overhead charge your bank’s overhead charge 0.0625%

l625 .71 R 6% into interest percent lower liit into total days total Prof margin 010 then over 0711 interest per Eur 24632 Mar Profit margin Profit margin plus overhead charge plus interest interest Prof margin 0.711 over4 buying Ral ex rate minus total EX 264 your

bank have to pay to the exporter Bank buying EX foree into buying exch please thank you

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