Bid Rate

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Bid Rate

The highest exchange rate at which a buyer is willing to buy a currency. See also: Bid.
References in periodicals archive ?
The Czech Banking Association has agreed with the Czech Forex Club to stop calculating Prague interbank bid rates (PRIBID) from July, according to Reuters.
director of Organizational Integrity & Regulatory Affairs, wrote that CMS designed a bid program that doesn't hold bidders accountable, doesn't ensure bidders are qualified to provide the products in the markets, and produces bid rates that are financially unsustainable.
neither bid rates nor premiums appear to have changed significantly.
In addition, this model can help across a spectrum of business processes including future bid rates, expected medical cost and reimbursement confidence.
Money is practically free, and bid rates have never been lower," he said.
Other central banks auctioned dollars competitively, with minimum bid rates ranging from OIS + 50 basis points to Libor + 50 basis points.
The secondary market indicative bid rates were as follows: 3M - 11.
Investors who bid a minimum rate above the clearing rate receive no bonds, while those whose minimum bid rates were at or below the clearing rate receive the clearing rate for the next period.
Rather than shell out $15 million to $18 million for a new rig, the North Slope contractor would spend $2 million to $3 million modifying equipment to suit client drilling needs, or bid rates that would generate positive cash flow.
Because of the ridiculously low bid rates for diabetes supplies we will lose approximately 1,200 customers, which is 45-50% of our business," he says.
The new solution gives executives and business development professionals that use Deltek's CRM and Capture Management system access to critical information to track and analyze current and historical pipeline, win and bid rates and the resulting revenue forecasts.