n NISM Certifications
NSM General NISM
Medium

US interest rate is 4%, Japan’s is 0.5%, and the USDJPY spot rate is 95.65. What will be the one-year USDJPY futures rate?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Higher than 95.65

    Correct answer

  2. B

    Lower than 95.65

  3. C

    95.65

  4. D

    Cannot be calculated

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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