Differentiate Between Spot Exchange Rates and Forward Exchange Rates

question 124

Essay

Differentiate between spot exchange rates and forward exchange rates.

---

Definitions:

Flag Word

A word or phrase used to attract attention or signal something of importance within a text.

Problem And Solution

A framework or approach that identifies a specific issue and proposes one or more ways to fix or address it.

Cause And Effect

A relationship where one event (the cause) makes another event happen (the effect), indicating a connection between two phenomena.

Chronological

In order of time, usually from the earliest event to the latest.