What is forward exchange rate with example?
What is forward exchange rate with example? For example, a company expecting to receive €20 million in 90 days, can enter into a forward contract to deliver the €20 million and receive equivalent US dollars in 90 days at an exchange rate specified today. This rate is called forward exchange rate. What is forward exchange … Continue reading What is forward exchange rate with example?
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed