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Range Forward

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Range forward
A forward exchange rate contract that places upper and lower bounds on the future cost of foreign exchange.

Range Forward
A forward contract on a currency with a collared payout. It is used to hedge a short position on the underlying currency. See also: Cylinder.


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At the same time, Mazda want to keep their core customers happy and prove that they can take their 15-strong model range forward.
Nick Crean, chairman at Prestat, said: "To take the Choxi+ bar range forward, we needed a partner willing to invest in significant new manufacturing capacity.
Russell converted superbly in the poor conditions, but Park were back on terms three minutes later when prop Geralt Evans finished off some driving close range forward play with Phil Jones having the extra two points.
 
 
 
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