Examlex
What is the major product of the following reaction?
U.S. Dollar Equivalent
The value of a foreign currency transaction converted into U.S. dollars at the current exchange rate.
Forward Contract
A financial agreement to buy or sell a specific asset at a predetermined price at a set time in the future.
Fair Value Hedge
A financial strategy used to offset the risk of changes in the fair value of a recognized asset or liability or an unrecognized firm commitment.
Rupee
The official currency of India, also used in other South Asian countries but may differ in value.
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