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Currency Forward |
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Currency Forward What Does Currency Forward Mean? A forward contract in the forex market that locks in the price at which an entity can buy or sell a currency on a future date. Also known as an outright forward currency transaction, forward outright, or FX forward. Investopedia explains Currency Forward In currency forward contracts, the contract holders are obligated to buy or sell the currency at a specified price, at a specified quantity, and on a specified future date. These contracts are not transferrable. Related Terms: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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