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Foreign currency forward contract |
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Foreign currency forward contractAgreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date.Foreign currency forward contract Similar MatchesCurrency blocCurrency bloc1. A group of countries that share a common currency; a currency area. 2. A group of countries that peg their different national currencies to a single currency. Comptroller of the CurrencyComptroller of the CurrencyA government official, appointed by the president, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers. Currency loanCurrency loanA term used when money is borrowed in a foreign currency. Currency revaluationCurrency revaluationA deliberate upward adjustment in the official exchange rate established, or pegged, by government against a specified standard, such as another currency or gold. Currency overvaluationCurrency overvaluationApplies mainly to international equities: (1) consideration that a currency is overvalued if private demand for the currency at the going exchange rate is less than total private supply (i.e., central banks are buying up the difference, supporting the value of the currency through foreign exchange intervention); (2) currency value exceeding purchasing power parity. Further SuggestionsCurrency futureCurrency Board Asian Currency Units (ACU) Currency depreciation Eurocurrency deposit Multicurrency loans Net currency exposure Vehicle currency Under-valued currency Currency arbitrage Reserve currency Multicurrency clause Currency factor Currency Canonical model of currency crises Currency depreciation Over-valued currency Currency basket Foreign currency translation European Currency Unit Currency option Foreign currency futures contract Currency reallignment Currency speculation Currency reserves |
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