kanchan_pa | India Consumer Forum

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Financial loss due to difference in promised rate and the contract rate

Axis bank team approached me for the forward contract. They explained the process partially and provided a rate for the contract that is 74.8150 ( ask price for USD vs INR On 1 Sep 2021, at 2:22 PM). The rate was shared and the calculation was discussed over the phone and the mail was shared …

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