What is the forward rate for the israel shekel


Question:

If the spot rate of the Israel shekel is 6.00 shekels per dollar and the 180-day forward rate is 6.07 shekels per dollar, then what is the forward rate for the Israel shekel is selling at to the spot rate. (Percentage amount of premium or discount)

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Finance Basics: What is the forward rate for the israel shekel
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