Examlex
The majority of all delinquency cases are referred by:
Spot Exchange Rate
The current price for exchanging one currency for another for immediate delivery, reflecting the value of one currency in terms of another at a specific moment in time.
Forward Trade
A financial contract agreement to buy or sell assets at a specified future date and price, used primarily in commodity and currency markets.
Forward Exchange Rate
The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.
Spot Exchange Rate
The current price for which one currency can be exchanged for another.
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