Direct quote - Revision history

imported>Doug Williamson: Remove surplus link.

2022-07-01T14:47:27Z

Remove surplus link.

← Older revision		Revision as of 14:47, 1 July 2022
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	''Foreign exchange''		''Foreign exchange''.

	A 'direct' quote is a foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />		A 'direct' quote is a foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />
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	== See also ==		== See also ==
	*[[Base currency]]		*[[Base currency]] = fixed currency
	*[[Fixed currency]]
	*[[Foreign exchange rate]]		*[[Foreign exchange rate]]
	*[[Indirect quote]]		*[[Indirect quote]]
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	== Other ~~resources~~ ==		== Other resource ==
	[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]		[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:Trade_finance]]		[[Category:Trade_finance]]

imported>Doug Williamson at 00:39, 23 February 2017

2017-02-23T00:39:47Z

← Older revision		Revision as of 00:39, 23 February 2017
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			''Foreign exchange''

	A 'direct' quote is a foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />		A 'direct' quote is a foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />
	This means that the amount of foreign currency is <u>multiplied</u> by the given exchange rate, to obtain the domestic currency equivalent.		This means that the amount of foreign currency is <u>multiplied</u> by the given exchange rate, to obtain the domestic currency equivalent.

imported>Doug Williamson: Add link.

2016-12-13T15:59:04Z

Add link.

← Older revision		Revision as of 15:59, 13 December 2016
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	*[[USD]]		*[[USD]]
	*[[Variable currency]]		*[[Variable currency]]


			== Other resources ==
			[[Media:June_16_TT_Base_jumper.pdf\| Base jumper - applying direct and indirect exchange rate quotes, The Treasurer]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]
	[[Category:Trade_finance]]		[[Category:Trade_finance]]

imported>Doug Williamson: Added missing 'a' to first line

2015-05-30T12:02:36Z

Added missing 'a' to first line

← Older revision		Revision as of 12:02, 30 May 2015
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	A 'direct' quote is foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />		A 'direct' quote is a foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />
	This means that the amount of foreign currency is <u>multiplied</u> by the given exchange rate, to obtain the domestic currency equivalent.		This means that the amount of foreign currency is <u>multiplied</u> by the given exchange rate, to obtain the domestic currency equivalent.

imported>Doug Williamson: Align with qualifications material.

2015-05-30T11:35:41Z

Align with qualifications material.

@@ Line 1: / Line 1: @@
-A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.
+A 'direct' quote is foreign exchange rate quotation where fixed amounts of the foreign currency are expressed as variable amounts of the domestic currency.<br />
-From the perspective of a EUR-based entity, the exchange rate GBP 1 = 1.25 EUR (GBP/EUR 1.25) is a direct quote.
+<b>Example 1</b><br />
-x 1.25
+From the perspective of USD, this is a direct quote.<br />
-= EUR 125m.
 == See also ==
-* [[Foreign exchange rate]]
+*[[Base currency]]
-* [[Indirect quote]]
+*[[Fixed currency]]
-* [[Quoted currency]]
+*[[Foreign exchange rate]]
-* [[USD]]
+*[[Indirect quote]]
 [[Category:Manage_risks]]
 [[Category:Trade_finance]]

imported>Doug Williamson: Add example.

2015-03-21T22:56:20Z

Add example.

← Older revision		Revision as of 22:56, 21 March 2015
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	A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.		A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.

			'''Example'''

			From the perspective of a EUR-based entity, the exchange rate GBP 1 = 1.25 EUR (GBP/EUR 1.25) is a direct quote.

			GBP 100m would be worth:

			100 x 1.25

			= EUR 125m.

imported>Doug Williamson: Generalise, from USD only.

2015-03-21T20:33:44Z

Generalise, from USD only.

← Older revision		Revision as of 20:33, 21 March 2015
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	A foreign exchange rate quotation where the ~~USD~~ is the quoted currency.		A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.


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	* [[USD]]		* [[USD]]

			[[Category:Manage_risks]]
	[[Category:Trade_finance]]		[[Category:Trade_finance]]
	~~[[Category:Manage_risks]]~~

imported>Doug Williamson: Added 1 line space before see also

2014-08-22T08:52:42Z

Added 1 line space before see also

← Older revision		Revision as of 08:52, 22 August 2014
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	A foreign exchange rate quotation where the USD is the quoted currency.		A foreign exchange rate quotation where the USD is the quoted currency.


	== See also ==		== See also ==
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	* [[USD]]		* [[USD]]

	[[Category:~~Trade_Finance~~]]		[[Category:Trade_finance]]
	[[Category:~~FX_Risk~~]]		[[Category:Manage_risks]]

imported>P.F.cowdell@shu.ac.uk: Categorise the page

2014-08-18T16:06:27Z

Categorise the page

← Older revision		Revision as of 16:06, 18 August 2014
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	* [[Quoted currency]]		* [[Quoted currency]]
	* [[USD]]		* [[USD]]


			[[Category:Trade_Finance]]
			[[Category:FX_Risk]]

imported>Administrator: CSV import

2012-10-23T14:19:23Z

CSV import

New page

A foreign exchange rate quotation where the USD is the quoted currency.

== See also ==
* [[Foreign exchange rate]]
* [[Indirect quote]]
* [[Quoted currency]]
* [[USD]]