question archive You use a market-determined exchange rate such as the spot rate or forward rate to forecast the spot rate in the future
Subject:AccountingPrice: Bought3
You use a market-determined exchange rate such as the spot rate or forward rate to forecast the spot rate in the future. This method for forecasting exchange rates can be categorised as:
a. market-based
b. technical
c. fundamental
d. mixed
e. None of these