forward exchange rate


The exchange rate set today for a foreign currency transaction with payment or delivery at some future date.

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You should try and set up a forward exchange rate when you think that there will be a sudden drop in the currency.

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I wanted to know the forward exchange rate, so I had my friend help me out who worked in the field of exchanges and stuff like that.

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The forward exchange rate from the Dollar to the Euro is much smaller than usual due to the fact that the United States is still recovering from it's extended recession which has happened in the Year two thousand eight.

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