Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Explain the difference between Forward Exchange Rate and Spot Exchange Rate?

Interest Rate Risk Management Economics International Finance
user-image
Question added by Abeba Assemaw , Financial Consultant , M-Birr Ltd.
Date Posted: 2015/06/26
Upvote (0) Views (1) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Deleted user
by Deleted user

This is pretty basic. 

Spot exchange rate refers to the price you would buy a currency for today/immediately.

Forward exchange rate refers to a price that is agreed upon at a later date.

 

Both links courtesy of  Investopedia

Write Your Answer
More Questions Like This