When two parties agree to exchange currency and execute the deal at some specific time in the future, a _____ occurs. （ ）
A: forward exchange
B: hedging
C: currency swap
D: spot exchange
A: forward exchange
B: hedging
C: currency swap
D: spot exchange
举一反三
- The __________ exchange rate is the price for “immediate” currency exchange. A: Current B: Forward C: Future D: Spot
- Spot exchange rate is the exchange rate at which a foreign exchange dealer will convert one currency into another currency on _________________. A: some occasion B: a particular day C: a spot D: a period
- 7. If the expected future spot exchange rate value of the foreign currency decreases, with the interest rate differential unchanged, the current spot exchange rate value of the domestic currency:
- A(n) _____ is the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. （ ） A: arbitrage B: spot exchange C: carry trade D: currency swap
- The exchange rate that is set now for a currency trade that will take<br/>place sometime more than a few days in the future is often referred<br/>to as a __. A: spot exchange rate. B: forward exchange rate. C: pegged exchange rate. D: managed exchange rate.