Quách Hà My 2193664 exchange rate - Tài liệu tham khảo | Đại học Hoa Sen

EXCHANGE RATE Assignment 1
On 21/08/2019 Techcombank quotes the exchange rates as following: USD/ VND : 22,840 – 22,860 EUR/ VND : 25,460 – 25,650 GBP/VND: 32,470- 32,500 CAD/VND : 20,910 – 20,940 JPY/VND : 270.15 – 290.75 Questions
1/ Company A needs to buy 20,000 USD to pay for importing commodities? What is the amout of VND the
company has to pay to Techcombank?
20,000 x 22,860 = 457,200,000 VND
2/ Mr B receives 2,000 EURs form his son in Germany. Mr B sell the amount of EUR to Techcombank.
What is the amount of VND Mr B get?
2,000 x 25,460 = 50,920,000 VND
3/ Techcombank buy 30,000 GBPs from company D.What is the amount of VND the bank has to pay to company D?
30,000 x 32,500 = 975,000,000 VND
4/ Mr Đạt needs to buy 3,000 CAD to transfer to his son in Canada. What is the amount of VND Mr Đạt has to pay?
3,000 x 20,940 = 62,820,000 VND
5/ Excon company sells 10,000,000 JPYs to get VND to pay for its domestic customer? What is the amount of VND Excon will receive?
10,000,000 x 270.15 = 2,701,500,000 VND
6/ Willing company has to pay 25,000 EURs for its customer.What is the amount of VND Willing company has to pay to Techcombank?
25,000 x 25,650 = 641,250,000 VND 1 Assignment 2
On 22nd July 2020, Shinhan Bank VN announced the following exchange rates USD/ VND : 22,840 – 22,860 EUR/ VND : 25,460 – 25,650 AUD/VND: 17,710- 17,790 CHF/VND : 21,240 – 21,450 JPY/VND : 285.55 – 295.75
1/ Company Anpha wanted to convert 50,000 USD into EUR to pay for their importing commodities.
Calculate the amount of EUR Anpha got in this transaction. EUR/USD=1.113736-1.12303
50,000 / 1.12303 = 44,522.40813 EUR
2/ Company Beta wanted to buy 80,000 CHF to pay to its foreign customer but its bank account has AUD.
Calculate the amount of AUD Beta had to pay to Shinhan Bank to get 80,000 CHF. CHF/AUD=1.193929-1.21118 2
80,000 x 1.21118 = 96,894.4 AUD
3/ Company Cell received Payment from their Japanese customer 2,000,000 JPY. Cell company sold entire
amount of JPY to Shihan Bank to get VND. After that, Cell ordered Shinhan Bank to deduct their VND
account to buy 15,000 USD. How did VND account of Cell increase/decrease after those transactions? JPY/VND : 285.55 – 295.75
2,000,000 x 285.55= 571,100,000 VND
 VND account increase 571,100,000 VND USD/ VND : 22,840 – 22,860
15,000 x 22,860 = 342,900,000 VND
 VND account decrease 342,900,000 VND, remaining 228,200,000 VND
4/ Dallat company sold 50,000 EUR to Shinhan Bank to get CHF. Indentify the amount of CHF that Shinhan Bank had to pay to Dallat? EUR/CHF=1.186946-1.207627
50,000 x 1.186946= 59,347.3 CHF Assignment 3
On 20th August 2020, Ngân hàng HSBC Vietnam quoted the exchanger rates: Exchange rate Buying rate Selling rate USD/VND 22,850 22,870 EUR/VND 25,500 25,570 AUD/VND 17,750 17,800 CHF/VND 21,250 21,320 JPY/VND 276.30 297.20 CAD/VND 20,960 20,990 HKD/VND 2,670.5 2,690.3
Indentify the cross exchange rates at HSBC Vietnam : Cross exchange rate Buying rate Selling rate EUR/USD 1.11499 1.11903 8 7 AUD/USD 1.28370 1.28845 3 8 1 CAD/EUR 1.21486 1.21994 4 3 JPY/HKD HKD/CAD EUR/JPY HKD/USD CAD/JPY 4 FOREX TRANSACTION Assignment 1
At time G, the international forex markets had the following exchange rates:
NewYork : EUR/USD : 1.2264 – 1.2300
Zurich : EUR/CHF :1.2003 – 1.2030 USD/CHF :0.9818 – 0.9840
London : GBP/USD : 1.5603 – 1.5649 GBP/EUR : 1.2764 – 1.2780
If you had 100 million EURs, how would you ultilize arbitrage between 2 forex markets to get profit?
Calculate the profit in this case. Assignment 2
At time G, we noticed the exchange rates in international forex markets as following:
Paris : EUR/JPY : 97.3525 – 97.4550
London: EUR/CHF : 1.1960 – 1.1990
Singapore: EUR/SGD: 1.5389 – 1.5420
In Tokyo forex market, we had the following exchange rates CHF/JPY: 81.302 – 81.360 SGD/JPY: 63.413 – 63.429
If you had 100 million EURs, how would you use arbitrage between 3 markets to get profit? Calculate the profit in this trading. Assignment 3
ACB has the exchange rates and interest rates as following. Use the forward exchange rate formula to
calculate the forward exchanre rates to fill in the below sheet 5 Fb = b +Sb xnx(r A S / B A / B A / B depositB− rborrowA) Fs = s +Ss xn x ( r −r ¿ A S / B A / B A / B borrowB depositA Exchange rate Ask rate Bid rate USD/VND 22,840 22,855 EUR/VND 25,471 25,500 GBP/VND 32,520 32,560 Lãi suất Deposit interest Loan Interest rate rate USD 1.75%/year 6.5%/year EUR 2%/year 7.5%/year GBP 1.5%/year 5.5%/year VND 0.75%/month 1.1%/month Forward Exchange rate Ask rate Bid rate USD/VND for 3 months EUR/VNDfor 6 months GBP/VND for 12 months Assignment 4
On 15th July 2020, at HSBC HCM Branch quoted the exchange rates and interest rates as following: USD/VND: 22,850 – 22,900 EUR/VND : 25,540 – 25,590 GBP/VND : 32,540 – 32,590 Currency Loan Interest Deposit Interest VND 12%/year 9%/year USD 7%/year 2%/year GBP 6.5%/year 1.75%/year EUR 5%/year 1.5%/year
On that date, the bank conducted some forex transactions as following:
Operation 1: Bought at spot rate 150,000 USD from Anpha company and settled the transaction by VND.
Operation 2: Deducted VND from VND account of Beta company to sell at spot exchange rate 50,000 EURs. 6
Operation 3: Mr Brown bought 10,000 GBP to transfer money to his son. Mr Brown settle the transaction by VND.
Calculate the amount of VND HSBC HCM city Branch got or paid in each above transactions?
Operation 4: HSCB sold 50,000 USDs to Delta company with 3 month forward exchange rate.
Operation 5: the bank bought 30,000 EURs from Ensure company with 4 month forward exchange rate.
Operation 6: Fomara Company bought 20,000 GBP with 6 month forward exchange rate.
2/ Indentify the amount of VND the bank got or paid in each above transactions. Assignment 5
On 20th July, 2020, there are some forex transaction at Hong Leong Bank VN as following:
1/ Gedo company sold 500,000 USDs to get VND for domestic payments. Indentify the amount of VND
Hong Leong Bank VN paid to Gedo.
2/ Marah Company needed to exchange 100,000 USDs to GPB to pay for the importing commodities.
Calculate the amount of GBP the company received.
3/ On 20th September, 2020, Masan company needed 150,000 USDs to pay to their importing goods. So
Masan company signed a forward contract to buy this amount of USDs from the bank. Calcuate the amount
of VNDs Masan had to pay to the bank in this forward transaction on 20th September, 2020.
We have the following information
The spot exchange ratea and interest ratea on 20 July, 2020 of Hong Leong Bank as following: USD/ VND: 22,980 – 22,995. EUR/VND : 25,480 – 25,510 GBP/VND: 32,515 -32,540.
Interest rate of USD : 2.5%/năm – 7%/năm.
Interest rate of EUR : 1.5%/year – 6%/ year
VND : 0.7%/month – 1.2%/month. Assignment 6
In order to give 400,000 GPB loan to Bewlen Company with loan interest of 6.5%/year, ACB exchange
USDs to GPBs with VCB on the interbank market. 7
In order to hedge against the exchange rate variation, ACB also signs a 3 month forward contract to sell the
amount of GPB got from the loan to VCB for USD. Indentify the the amount of USD ACB will get after those transactions.
The spot exchange rates and interest rates of VCB are quoting as following: USD/VND : 22,820 – 22,850 GBP/VND: 32,650 – 32,710 USD: 1.8%/year – 4%/year GBP: 1.2%/year – 3.5%/year Assignment 7
On 15th, August 2020, Citibank NewYork received some forex transaction orders as follow:
1/ Amazon requested to buy 120,000 CHF and settle the transaction by USD. Calculate the amount of USD
Amazon had to pay to Citibank New York.
2/ Belle company sold 90,000 EURs to get USD. Indentify the amount of USD Belle received.
3/ Coca Cola resquested to exchange 100,000 EURs to GPB. Indentify the amount of Coca Cola got in this transaction.
Citibank NewYork quoted the spot exchange rates as following: USD/CHF : 1.0184 – 1.0195 USD/EUR: 0.8050 – 0.8095 USD/GBP: 0.6488 – 0.6495 Assignment 8
On 30th August, 2018, Pizzo company received 350,000 USDs from an exporting contract. At that
time, the company wanted to make a payment of 50,000 GBPs to an English customer and 100,000 CHFs to
a Swiss client. Pizo asked HSBC to exchange USD to GBP and CHF for those payments.
Indentify the remaining amount of USDs after those transactions.
HSBC quoted the spot exchange rate as following: USD/EUR : 0.8071 – 0.8090 CHF/EUR : 0.8331 – 0.8350 8 EUR/GBP : 0.7835 – 0.7840 Assignment 9
In order to provide a loan to a customer, Bank of Tokyo used domestic currency to buy 150,000 CHF
with spot exchange rate and sold the entire amount of CHFs collecting from this loan to HSBC with 3 month forward exchange rate.
Calculate the profit of Bank of Tokyo after those transactions.
The spot exchange rate and interest rate of HSBC as following USD/CHF = 1.3180 – 1.3185
Interest rate of CHF : 3%/year – 3.55%/year USD/JPY = 111.86 – 111.90
Interest rate of JPY: 4%/year - 4.25%/year 9
INTERNATIONAL PAYMENT INSTRUMENT Assignment 1
On 27th August, 2020, Gidofood locating in HCM city finished shipping exporting commodities to its
client. The value of goods was 45,600 USDs. The importer was Sami Export & Import Ltd, locating in 25
Grand Field street, London. The purchase contract no was 21/2020 date 15th August, 2020. The payment
method was D/P at sight. Collecting bank was Eximbank Ben Thanh branch. Make out a Bill of exchange to
request for the payment from the importer. Assignment 2
On 15th July 2020, Fico Joint stock company locating in Binh Duong finished shipping exporting
commodities. The total value of goods was 120,000 USDs. The importer was Infor Skill corp, locating at 126
Light street, New York, US. The payment method was usance L/C no 236/2020. This L/C was issued by
Citibank, New York, locating 156 Wall street, New York, US. The L/C was issued on 15th April 2020.
Payment peried was 60 days after sight of Bill of exchange. Make out a Bill of exchange to request for the
payment for this commodities. The exporter’ bank was ACB Saigon branch. Assignment 3
Some information of an irrevocable LC no VH1362012 issued on 10th August, 2020. The expired date was 20th December, 2020 -
Buyer: Seafood Import – Export company. Address: 02 Patanakarn Rd., Tokyo, Japan. -
Issuing bank: Mizuho Bank, Tokyo, Japan. -
Seller: Hải Minh ltd company. Address: 14 Nguyễn Tất Thành street, district 4, HCM city -
Advising bank: Vietcombank, Ho Chi Minh Branch, Vietnam -
The total value of commodities: 150,000 EURs. -
Payment period: 30 days after sight of Bill of exchange. The B/L date was 23rd September, 2020.
Base on the above information, make out a Bill of Exchange to request for payment from the issuing bank. 10