Book traversal links for 6. FX Margin
6. FX Margin
No: 43038107 | Date(g): 2/12/2021 | Date(h): 27/4/1443 | Status: In-Force |
Effective from Dec 12 2021 - Dec 11 2021
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Given the fact that the FX Rate is guaranteed by the respective central banks during the daily operations of AFAQ & taking into consideration that Participants wouldn't incur FX rate risk, cost of funding foreign currencies or other costs associated with the conventional correspdent banking model, No FX margin may be applied.