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Good evening, everyone! Today, we will be discussing the valuation of a deliverable range forward contract, focusing on the USD iana currency. With market volatility affecting G7 currencies like GBP and EUR, discussions around Brexit and potential bank crises are prevalent. Recent talks suggest that by Q1 2017, banks in England and other European countries may face financial challenges. This raises concerns about potential crises in Spain, Germany, France, and Italy.
