Sir I'm at 9:12 & I want to clarify something, Bank in London has 5lac USD & it wants to invest in London for which it needs GBP so it will sell USD to Foreign Exchange Bank. In other words foreign exchange bank will buy USD and hence 'Bid rate' of USD shall be used. First we need to convert given direct quote (for GBP) into indirect quote (for USD). But you have taken another approach i.e. you said that foreign exchange bank will sell GBP so take ASK rate but its a London Bank & GBP is their home currency. From what I understand we take ask rate or bid rate based on whether bank is buying or selling "foreign currency". Here's since bank is buying USD hence bid rate of USD. Please clear the air?
Sir truly your efforts are appreciable, yourself less love for teaching and provide benefit to students clearly appears from your way of teaching, I am truly greatful to you that you brought very very helpful lecture in the midst of exams.
Sir apke way of teaching same CA Parveen Sharma sir jaisa hai... Jaise wo great hai ap b bhut acha pdate ho... concept ache se clear krwate ho... thanks sir
Sir I'm at 9:12 & I want to clarify something, Bank in London has 5lac USD & it wants to invest in London for which it needs GBP so it will sell USD to Foreign Exchange Bank. In other words foreign exchange bank will buy USD and hence 'Bid rate' of USD shall be used. First we need to convert given direct quote (for GBP) into indirect quote (for USD). But you have taken another approach i.e. you said that foreign exchange bank will sell GBP so take ASK rate but its a London Bank & GBP is their home currency. From what I understand we take ask rate or bid rate based on whether bank is buying or selling "foreign currency". Here's since bank is buying USD hence bid rate of USD. Please clear the air?
Have no words too appreciate this wonderful teacher
❤️🙏
Thanku sir ....apki samjhane ki style ka koi jabab hi nhi hai
Sir thank you ! We are getting to know concepts very easily ! 👏For your in depth conceptual teaching
Thank you so much sir.
May god bless you 🙏
You are amazing sir. You are a blessing for the students 🙏
Thanks for the immense clarity! 🙇♀️ 11:32
SIR BACCHE AAPKO ITNA ZYADA PASAND KARTE HAIN KI SHABDO MEIN BATAYA NAI JA SAKTA. RESPECT TO YOU SIR
Sir truly your efforts are appreciable, yourself less love for teaching and provide benefit to students clearly appears from your way of teaching, I am truly greatful to you that you brought very very helpful lecture in the midst of exams.
God Bless you Sir🙏
Thanks sir all questions on which I have doubt are on your channel thanks a lot sir
superb sir ,u made it easy .sir can u also give solution on ques 57 ,58 n 59 of forex pm
Thankyou so much sir!!
Sir while converting in frankurt why didn't we take 1/1.8260 as it is indirect quote?
thankyou so much sir,ur efforts are really helping me.:)
Sir one is there which start with Sun.Ltd.
It is a sum of currency of borrowing .
Please explain that sum sir
Please upload Q.63 of forex pm October 2018 addition
Sir apke way of teaching same CA Parveen Sharma sir jaisa hai... Jaise wo great hai ap b bhut acha pdate ho... concept ache se clear krwate ho... thanks sir
Aapka bhut aabhar sir very thankful
Sir why we can't calculate 505000 dollar in Frankfurt
And then like we did in 2nd option
Thank you so much sir..
Sir please do question no. 48, 49 & 51 of new practice manual.
Thank you Sir for the explanation 🙏
thank you so much for this lecture ❤
Thank u soo much sir..
Thank u very much sir🙏🙏🙏🙏🙏🙏🙏🙏
Thank you sir....u r great👏👏👏
Thank you soo much sir!!❤
Sir ye dollar 505000 ko 1.5390 se divide ku nhi kiya
Thanks Sir, for this question.
Thanks sir
Thank you sir....
Very well explaination sir...thank you so much ❤️
Tq soo much sir ......
Very well explained sir.Thanks a lot 👍👍
Q65 understand the question only with sir upto 10 mins
$/€ calculate krte h by cross rate to difference a rha h ans m , to kya aesa solve it Skte h
Thank you Sir
Thanks alot
Thank you so much
Thank you so much sir.. u made it so easy .
Great Sir
Plz solve Q.59 PM (forex)
00:00
thanks sir.
In frankfurt..can we calculate cross rate?
dear sir i am not understanding that we are purchasing pound or dollar then why are not using ask rate . plz clear to me sir .
Naresh Sharma
Dear sir
Rate jiska diya hai, aap wo currency kya kar rahe ho?
Just think
got it sir thank u so much sir .
sir please index future k questions jis me beta given h kra do
Please upload question 61 of forex
very helpful ..thank u ..keep doing !
Sir Q 74 of derivatives please!!!
great explanation
done
sir pls solve ques no. 61 forex pm jan 17
Done Sir..
Boss bcz of yu I am CA
Q48 Compiler Forex.
🙏
Great sir
Thanks
Sir is ques me bank investment kr rha h ya koi individual?
bank is investing
Sir plz q 37 of forex pm smga do
sir Pls upload q 59
rtp new nov 2021 Q 8
Sir plz Uplod Q.24 of PM ( mutual Fund)
Its my heartly request to u
Thanx
rahul contact me for the same. mob no. 9451096883
🙇♂️🙇♂️
Sir apki awaj salman khan se milti he
Que pm 57 forex ka que krwa do sir plzz
Thank you sir
Thank u sir
Thanks Sir..