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Forex question What is Spot foreign exchange?
avatar Catkathy
Question by: Joseph - 17 Jun 2016, 08:57:54
What is Spot foreign exchange?
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Answers (1)
avatar user 9796
Answer by: Samanthar - 17 Jun 2016, 09:00:06

Spot foreign exchange is that which is bought and sold for delivery two business days after the deal is transacted. The most commonly quoted exchange rates are Spot rates.

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