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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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