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Forward foreign exchange rate

    0.01 sec.
Forward foreign exchange rate
The exchange rate available today to exchange currency at some specified date in the future.


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Expression that the interest rate differential between two countries is equal to the difference between the forward foreign exchange rate and the spot rate.
Ito, "Heterogeneous Expectations and Tests of Efficiency in the Yen/Dollar Forward Foreign Exchange Rate Market," NBER Working Paper No.
 
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