International Monetary Fund: Sample SDR Valuation for Wednesday, April 25, 1988
(based on London noon rates)
The following data, supplied by the Bank of England at our request, was used in a forward operation initiated April 25, 1988, for value May 2, 1988. It differs from the proposed calculation of a five-day forward exchange rate by using five-day rates for the components rather than interpolating the five-day rate from the spot (settlement in two business days) and seven-day forward rates.
|SDR 1= US$1.38176/2391|
Exchange rates in terms of currency units per U.S. dollar, except for the pound sterling, which is expressed in terms of U.S. dollars per pound sterling.