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  • 2022-06-07
    In the forward market, the exchange rate is agreed on at the time of the currency contract, but payment is not made until the future delivery of the currency actually takes place.
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    举一反三

    • The __________ exchange rate is the price for “immediate” currency exchange. A: Current B: Forward C: Future D: Spot
    • 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
    • 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:
    • The market price of one currency in terms of another currency is also known as A: the exchange rate between those currencies. B: the future rate between those currencies. C: the spot market. D: the value of arbitrage.
    • 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.

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      but not rate of currency payment place takes agreed on delivery in forward made contract is the market actually at future place. exchange until time

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