Tenth , the extent of involvement of the pboc , if any , in determining the forward exchange rate and making a market for renminbi forwards 第十，人行在决定人民币的远期汇率及作为远期人民币庄家方面的参与程度如有参与的话。
The forward premium , in terms of 12 - month money , reached a high of 368 pips in mid - october before easing to 170 pips at the end of 2002 12个月美元兑港元远期汇率溢价在10月中一度升至368点子高位，于2002年底时回落至170点子。
Whenever there is an event that is perceived by the market to be relevant to confidence in the hong kong dollar , unusual movements may be detected 但凡发生市场认为会影响对港元信心的事件，港元远期汇率都可能会出现不寻常的变动。
In the third part ( chapter 5 , 6 ) is the analysis of the equilibrium of interest rate , exchange rate , foreign exchange option and forward exchange option 第三部分(第五章、第六章)分析了利率、汇率与货币期权、远期汇率的均衡关系。
Earlier this year , tension in the sino - us relationship over the spy plane affair led to a jump in the one - year forward exchange rate of about two to three hundred points 仙，以一年期远期汇率来说，即表示市场愿意在一年后按7 . 81而不是现货的
If the forward rate is above the spot rate , the difference is called premium , if the forward rate is below the spot rate , the difference is known as a discount 如果远期汇率高于即期汇率，其差额叫做升水；如果远期汇率低于即期汇率，其差额叫做贴水。
Members observed that the correlation between 12 - month renminbi non - deliverable forward points and hong kong dollar forward points appeared to have weakened since the introduction of the three refinements 个月人民币不交收远期汇率与美元兑港元远期汇率的相关性似乎减弱。
And so the hong kong dollar strengthened , sharply by the standards of our linked exchange rate system , and the forward premium became a forward discount in a matter of a few hours 于是港元转强，以联汇制的标准来衡量，幅度可算相当大，远期汇率亦在几个小时内由升水转为贴水。
But economic crisis in argentina merely caused a blip of less than a hundred points that lasted for a few days . by contrast , at the height of the asian financial crisis , the forward premium hit nearly 6000 points 点，而且只维持了短短几日。相反，在亚洲金融危机的高峰期，远期汇率升水接近
