Forward foreign exchange rate: Difference between revisions
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The rate is determined by adjusting the spot rate to reflect the interest rate differential between the two currencies involved for the forward period. | The rate is determined by adjusting the spot rate to reflect the interest rate differential between the two currencies involved for the forward period. | ||
== See also == | == See also == | ||
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* [[Foreign exchange rate]] | * [[Foreign exchange rate]] | ||
* [[Forward points]] | * [[Forward points]] | ||
[[Category:Manage_risks]] | |||
Revision as of 13:43, 9 October 2013
The agreed exchange rate on the day a transaction is entered into for a foreign currency transaction that settles more than two days in the future.
The rate is determined by adjusting the spot rate to reflect the interest rate differential between the two currencies involved for the forward period.
