Examlex
Use the given information to evaluate the limit. ,
Forward Exchange Rate
The forward exchange rate is the agreed-upon exchange rate for a currency pair to be traded on a future date, protecting against currency fluctuations.
Exchange Rate
How much one currency is valued when converted into another currency.
Forward Rate
An agreed-upon price for a financial transaction that will occur at a future date, used in the context of foreign exchange and interest rates.
Exchange Rate
The rate at which two different currencies can be traded for each other, affecting global commerce and investment opportunities.
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