Definition of Forward rate
The rate of exchange between two currencies being bought and sold for delivery at a future date.
That's the definition of Forward rate in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.
The rate of exchange between two currencies being bought and sold for delivery at a future date.
That's the definition of Forward rate in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.