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Bonobos have shown greater progress in language development than any of the other apes in previous language-training studies. One possible explanation for their success is that their training
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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