See Also: Forward exchange(money)
Forward exchange(finance)
Forward exchange transaction(finance)
Forward exchange rate(finance)
Forward exchange transaction(money)
Forward exchange rate(money)
Forward foreign exchange contract(money)
Forward foreign exchange rate(finance)
Forward foreign exchange contract(finance)
Forward foreign exchange rate(money)

Forward exchange (money)


Definition: [crh] A type of foreign exchange transaction whereby a contract is made to exchange one currency for another at a fixed date in the future aDefinition: t a specified exchange rate. By buying or selling forward exchange, business protect themselves against a decrease in the value of a currency they plan to sell at a future date.