One of the best video explanations i have come across. I am not a CA student but a CFA candidate. You will never find a simple explanation to this concept as you have done. The Triangular arbitrage is also extremely good and simple to follow. Thank you sir.
Dear sir, Really you are an expert in teaching, In general most of us learn a lot and able to absorb quickly, but don't knew to teach... Your have been gifted with teaching attitude by god
Woah ! Explanation :) ThankYou sir ! I was getting confused, but now crystal clear ! I am a CA final student ( Nov 2021 Due) Cleared inter and CPt in 1st attempt (being a science student)
Thank You Dear Rakesh for showing this concern. This video is meant for CA Final Students. These students have to follow the material provided by ICAI. When we say INR/USD, it is read as "Units of INR per USD" which is 68 in the example given. However, internationally the style of quoting the rates is different. If I have to convey the same example in that context, INR/USD will be read as "Quote of INR in terms of USD" which will be definitely 1/68. Please don't just look into text appearing on the screen. Kindly listen to the explanation offered in the video.
Thank you so much sir.. It means allot to me... I have my CA final exams in November 19 doing self study.. And I was getting confused in this... Thanks allot...
dear Sir, in 'understanding the quotes' shouldn't it be USD/INR and GBP/USD , as in the first case, the USD is the base currency while INR is variable and in the second case GBP is the base currency and USD is the variable? looking forward for your reply!
From what I understand is that because we want to find INR/GBP we have to do it sirs way unless we will end up with an indirect quote as GBP/INR is the same as 1/91.8
Sir you are mind blowing I have shared your channel to many of my university Facebook pages....when I was learning these in class it was difficult Trust me your explanation is mind blowing...I'm looking for more videos like these...sir I have a request for you if can kindly make a long video of stock exchange detailing everything
Dear sir. I am Muzaffar Hussain from Pakistan. May Allah bless you with Hidaya. You have really a God - blessed method of teaching. I am also a teacher.I like you.
Nikhil sir. Concepts were cleared but i have a query which is what if in the example of cross rate the second rate instead of $/£ was £/$ but we still need to find INR/£ ... Would we be still able to multiply bid*bid and ask*ask rate? I don't think so sir. Kindly explain if possible with this little change.
I am confuse on CADCHF OR GBPCAD or EURCAD like pairs.. for CADCHF which 2 pair will compare for CADCHF selling or buying?? I mean if see CADJPY and CHFJPY for CADCHF for selling so there both CADJPY and CHFJPY should be sell side or here CHHFJPY should UP side then CADCHF will move downword???
Dear Moazzam, The choice is not in your hand, because if you need to buy the currency from the bank the applicable rate is NOT the Bid Rate. The applicable rate is ASK Rate
Sir u r video classes are in navkar digital institute. But the material is navkar institute material. Can u upload u r material in navkar institute sir
Sir i have a doubt in a question on Cross Currency , i have the solution with me but I am just not able to understand the concept of this question properly . Kindly clear my concept sir , I have seen the video that you have uploaded on Cross Currency but kindly clear my concept for this question . Start & Co has a payable of $1 Lakh. A bank has offered 3 month forward rate of 1$ = 68 Rs. In the meanwhile the treasury dept of the company has forecast ed the rate likely to prevail after 3 months to be in the range of 66$ - 70$ . Management of the company has given a budgeted rate of 69 Rs/$ for this transaction . Show by calculation, how much should hedge ,so as to take advantage of favorable re pot rate which might prevail after 3 months and also achieve budgeted rate.
Hello sir. Can you please help A) Rs60-65/$ B) GBP1.3-1.4/$ Calculate bid rate and ask rate INR/GBP. Q2:INR 70-75/$ AND EUR .85-.80/$. CALCULATE BID RATE AND ASK RATE B/W INR/EUR
I am not a CA student but this was. very helpful! Thanks for explaining it in such simple terms.
One of the best video explanations i have come across. I am not a CA student but a CFA candidate. You will never find a simple explanation to this concept as you have done. The Triangular arbitrage is also extremely good and simple to follow. Thank you sir.
What the hell.... So much clear.. A great way of explaining. I m not Commerce student but i can understand... Wonderful explanation...
Thank you sir. Your teaching style is amazing & simple. Your voice also very clear!!!
Amazing 🙌 very supportive. Big Thanks.
MBA Finance student here
Thank you so much sir... Please continue in english, so that many non hindi people like me will get benefited.
No words from me. So I subscribed. Really good explanation
Amazing..
Your voice is so clear..
When i get stuck in SFM i come to you Sir & you always impress me 😅 #ThankYou 😇 & Happy Teachers Day (Belated)
Dear sir,
Really you are an expert in teaching,
In general most of us learn a lot and able to absorb quickly, but don't knew to teach...
Your have been gifted with teaching attitude by god
Sir ur explanation is realy fantastic now only am able to solve forex problems thanks sir
Thanks alot. I got my concepts clear for this topic through ur way of teaching. 😊
Thank u sir...ur video helped me to understand the cross rate concept....
What a professor uh are.... Brilliant ❣❤
Thank you sir . Your explanation with presentation always providing us the clarity.
Thanks you sir for good video for attending CMA exam in sep-2020 ..
Woah ! Explanation :) ThankYou sir ! I was getting confused, but now crystal clear !
I am a CA final student ( Nov 2021 Due)
Cleared inter and CPt in 1st attempt (being a science student)
Hat's off ur understanding way
Thanks you so much
thanks you very much sir for removing my difficulties in the topic
Thank you sir. The explanation was very very clear.
It is really a great explanation for the confusion of currency exchange.
Sir you are a life saver thankyou for all these videos
Glad to help
Thank you! Great explanation 👍
Sir really you are very awesome you learn very clearly and it is very helpfull to our learning thanks sir
Thanks and welcome
Nobody just nobody can make sense like u sir. Please continue in English sir .
Great sir 💕💕 I am not CA student I am BBS student from Nepal. You are my only foreign great teacher 🌹🌹
Thanks and welcome
Thanku so much sir,the most clear explanation I got.😊🙆
Very helpful for me! Thank you so much!
Excellent..Thankful😇
Thanks and welcome
Very Nice explanation Sir.
Sorry sir but as a mathematical equation. Usd1=inr 68
Inr/usd =1/68.
Please clear my doubt sir where I am doing mistake please guide.
Thank You Dear Rakesh for showing this concern.
This video is meant for CA Final Students. These students have to follow the material provided by ICAI. When we say INR/USD, it is read as "Units of INR per USD" which is 68 in the example given.
However, internationally the style of quoting the rates is different. If I have to convey the same example in that context, INR/USD will be read as "Quote of INR in terms of USD" which will be definitely 1/68.
Please don't just look into text appearing on the screen. Kindly listen to the explanation offered in the video.
@@NikhilJobanputra OK sir thanks for replying.
Really helpful 👍
But I have a question..
Why we are buying at ask rate & selling at bid rate ???
Concept #2: 2-Way Quote 08:10. BID Cross Exchange Rate
Thank You, Helped a lot !!
THANK YOU SIR IT IS NOW VERY CLEAR
Thank you so much sir.. It means allot to me... I have my CA final exams in November 19 doing self study.. And I was getting confused in this... Thanks allot...
This video was really helpful been trying to understand this for the past hour but now I'm 💯 Sure of what I'm suppose to. ❤❤❤
Outstanding Sir!
Excellent sir, always continue only English version
dear Sir, in 'understanding the quotes' shouldn't it be USD/INR and GBP/USD , as in the first case, the USD is the base currency while INR is variable and in the second case GBP is the base currency and USD is the variable? looking forward for your reply!
From what I understand is that because we want to find INR/GBP we have to do it sirs way unless we will end up with an indirect quote as GBP/INR is the same as 1/91.8
Thank you sir.. U r awesome
Fabulous this video is very helpful
Wonderful teaching methodology
Excellent explanation sir
I'm an Acca student and this is really useful. I will subscribe the chanel
What an explanation!! Maza agya🔥
Sir you are mind blowing I have shared your channel to many of my university Facebook pages....when I was learning these in class it was difficult Trust me your explanation is mind blowing...I'm looking for more videos like these...sir I have a request for you if can kindly make a long video of stock exchange detailing everything
It's my pleasure
Dear sir. I am Muzaffar Hussain from Pakistan.
May Allah bless you with Hidaya.
You have really a God - blessed method of teaching.
I am also a teacher.I like you.
Wonderful explanation sir...
Nikhil sir. Concepts were cleared but i have a query which is what if in the example of cross rate the second rate instead of $/£ was £/$ but we still need to find INR/£ ... Would we be still able to multiply bid*bid and ask*ask rate? I don't think so sir. Kindly explain if possible with this little change.
Please wait for my upcoming video on this concept
What I have mentioned in the video is a fact that will prevail under all situations. So don't forget to watch the extended video on this matter.
I am confuse on CADCHF OR GBPCAD or EURCAD like pairs.. for CADCHF which 2 pair will compare for CADCHF selling or buying?? I mean if see CADJPY and CHFJPY for CADCHF for selling so there both CADJPY and CHFJPY should be sell side or here CHHFJPY should UP side then CADCHF will move downword???
Cann i get concept 2 to 4
Super Explanation Sir.
Thank you so much sir please continue in English sir
Very helpful .. thank you sir....
very nice video sir
Amazing sir
conceptual explanation
Excuses why you multiplied 68*1.35، instead of 68/1.35 as it explains in formula
Very helpful
Ekdam clear......
GOD BLESS YOU ALWAYS
thank you so much sir
If I take bid rate from bank when i get low amount than ask rate Why ??
Dear Moazzam,
The choice is not in your hand, because if you need to buy the currency from the bank the applicable rate is NOT the Bid Rate. The applicable rate is ASK Rate
Very nice sir
Excellent
sir can you solve questions in which margin is given. Pls
Sir u r video classes are in navkar digital institute. But the material is navkar institute material. Can u upload u r material in navkar institute sir
Superb sir
Thank you sir
Too gud sir!!
great very informative
Thanx alot....
Sir how calculate cross rate if base currencies are same ??
I will cover up explanation on the same in another video.
Thank you sir
Charan kaha he Prabhu apke
Superb videeo
Thank you so much dear
Sir i have a doubt in a question on Cross Currency , i have the solution with me but I am just not able to understand the concept of this question properly . Kindly clear my concept sir , I have seen the video that you have uploaded on Cross Currency but kindly clear my concept for this question .
Start & Co has a payable of $1 Lakh. A bank has offered 3 month forward rate of 1$ = 68 Rs. In the meanwhile the treasury dept of the company has forecast ed the rate likely to prevail after 3 months to be in the range of 66$ - 70$ . Management of the company has given a budgeted rate of 69 Rs/$ for this transaction . Show by calculation, how much should hedge ,so as to take advantage of favorable re pot rate which might prevail after 3 months and also achieve budgeted rate.
Nice video
Hello sir.
Can you please help
A) Rs60-65/$
B) GBP1.3-1.4/$
Calculate bid rate and ask rate INR/GBP.
Q2:INR 70-75/$ AND EUR .85-.80/$.
CALCULATE BID RATE AND ASK RATE B/W INR/EUR
Ek no.
Ind/usd * usd/gbp become ind/gbp not multiple
why you have multiplied? According to formula, they are supposed to be divided.
Nyc vry nyc.. vedio sir
Nice
SUPER - SIR
Its better sir if u explain some in hindi
Dear Chhaya,
All lectures are available in Hindi also in my channel. Please search within channel and you will get them.
sir please upload in HINDI language
thank you sir