Forward exchange transaction

Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date.

Forward Currency Contract

An agreement between two parties to exchange two currencies at a given exchange rate at some point in the future, usually 30, 60, or 90 days hence. A forward currency contract mitigates foreign exchange risk for the parties and is most useful when both parties have operations or some other interest in a country using a given currency. Forward currency contracts are over-the-counter contracts.

单词	forward exchange transaction
释义	Forward exchange transaction Forward exchange transaction Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date. Forward Currency Contract An agreement between two parties to exchange two currencies at a given exchange rate at some point in the future, usually 30, 60, or 90 days hence. A forward currency contract mitigates foreign exchange risk for the parties and is most useful when both parties have operations or some other interest in a country using a given currency. Forward currency contracts are over-the-counter contracts.
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