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Forex question What is the difference between a forward rate and a spot rate?
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Question by: Joseph - 22 Sep 2015, 08:26:45
What is the difference between a forward rate and a spot rate?
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Answers (1)
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Answer by: Samanthar - 29 Sep 2015, 09:04:56

Forward rate is the interest rate or exchange rate on a forward contract with a certain expiration. / Spot rate is the starting point for all foreign exchange transactions.

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