Exchange Rate Calculations (2024/2025 CFA® Level I Exam – Economics – Learning Module 8)

Prep Packages for the CFA® Program offered by AnalystPrep (study notes, video lessons, question bank, mock exams, and much more):
Levels I, II & III (Lifetime access): https://analystprep.com/shop/cfa-unli...

Level I: https://analystprep.com/shop/cfa-leve...

Level II: https://analystprep.com/shop/learn-pr...

Level III: https://analystprep.com/shop/cfa-leve...

Prep Packages for the FRM® Program:

FRM Part I & Part II (Lifetime access): https://analystprep.com/shop/unlimite...

Topic 2 – Economics
Learning Module 8 – Exchange Rate Calculations
LOS : Calculate and interpret currency cross-rates.
LOS : Explain the arbitrage relationship between spot and forward exchange rates and interest rates, calculate a forward rate using points or in percentage terms, and interpret a forward discount or premium.