Examlex
Which position is not a part of the "inner cabinet"?
Spot Rate
The ongoing market rate at which a certain currency is available for buying or selling for immediate dispatch.
Unbiased Forward Rate
Theoretically, a forward rate in the currencies market that is equal to the spot rate adjusted for interest rate differentials, without any prediction of future direction.
Forward Rate
The agreed-upon price for a financial transaction that will occur at a future date, often used in the context of foreign exchange or interest rates.
Spot Rate
The current market price of a currency, security, or commodity available for immediate settlement.
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