The forward/forward swap means selling and buying simutaleously a certain foreign currency forward for a certain maturity date.
举一反三
- If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.
- The primary reasons for a counterparty to use a currency swap are to play in the futures and forward markets.
- Young people can no longer look forward with any（）(certain) to a career or even a job.
- Compared to currency forward, the advantages of currency furture are
- A foreign currency option is an agreement between a holder (corporation) and a writer (commercial bank) giving the holder the right to buy or sell a certain amount of foreign currency at any time through some specified date.