Foreign currency forward contract


 

Home
Site Map
Add Term
Search
About Us
Contributors

Foreign currency forward contract

Agreement 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 Matches

Optimal currency area

Optimal currency area

The optimal grouping of regions or countries within which exchange rates should be held fixed. First defined (as "optimum currency areas") by Mundell (1961).


Currency in circulation

Currency in circulation

The amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank.


Virtual currency option

Virtual currency option

A new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery).


Base currency

Base currency

Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.


Canonical model of currency crises

Canonical model of currency crises

This term has been used to refer to the model that Krugman (1979) presented of a currency crisis that results when domestic policy is pursued in a manner inconsistent with a pegged exchange rate.


Further Suggestions

Currency appreciation
Eurocurrency market
hard currency
Asian Currency Units (ACU)
Strong Currency
Currency no longer issued
Moscow Interbank Currency Exchange (MICEX)
Currency call option
Currency risk sharing
currency conversion
Currency swap
Currency overvaluation
Currency area
Currency in circulation
currency
Over-valued currency
Currency depreciation
Eurocurrency
Artificial currency
Multicurrency loans
Blocked currency
Currency swings
Reserve currency
Currency hedge
Currency risk


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd