Ask Rate

Ask Rate

The lowest exchange rate at which a seller is willing to sell a currency. See also: Ask.
References in periodicals archive ?
A spread for a particular maturity is the difference between the bid or ask rate and the quoted mid-rate.
Part B of Table 2 shows summary statistics describing the spread between swap bid and ask rates.
As described in Section IV, our empirical analysis of default risk in the yen-dollar swap market involves comparing bid and ask rates for swaps to the yields of equal maturity bonds.
Analysis of variation in swap mid-rates shows that the yen-dollar currency swap market is highly liquid and active because spreads over mid-rates are low and the spread between the bid and ask rates is low.
IMXBroker includes a "Guaranteed Accept" feature that allows a broker to automatically accept the first lender bid that meets or beats the specified ask rate, points, lock period and service levels.
The fixing rate is compiled and calculated by Bloomberg and is based on bid and ask rates for seven maturity points offered by 13 regional banks.