Define Spot exchange rate. Spot exchange rate synonyms, Spot exchange rate pronunciation, Spot exchange rate translation, English dictionary definition of Spot exchange rate. n. The market price of a commodity. American Heritage® Dictionary of the Eng
Spot exchange rate (or FX spot) is the current rate of exchange between two currencies. It is the rate at which the currencies can be exchanged immediately.According to the definition, delivery is theoretically immediate; however, conventions of currency markets allow for up to two days for ...
Definition:The spot exchange rate is the amount one currency will trade for another today. In other words, it’s the price a person would have to pay in one currency to buy another currency today. You could also think of it as today’s rate that one currency can be traded with another...
Spot rate brings exchange risks to the individual, corporate and other finances since the current rate may not be equivalent to the rate at the time of settlement. Floating rates may create a difference in the actual calculation as they fluctuate and may differ at the settlement time. ...
spot exchange rate.A definition of the term spot exchange rate is presented. It refers to the exchange rate used for immediate currency transactions.EBSCO_bspBloomsbury Business Library Business & Management Dictionary
Spot Exchange Rate has the meaning specified in the related Terms Document. NSPOT means NCDEX Spot Exchange Ltd., which has been appointed by FCI for conducting E-Auction on its behalf. First Trade Date means the First Trade Date as specified in § 1 of the Product and Underlying Data. Ca...
exchange rate Expected Spot Rate foreign exchange market forward market, futures market Futures contract futures market Hedger Interest Arbitrage Losing the Points References in periodicals archive ? " Once the Spot Market is operational, there is a channel for an investor or generator to sell power ...
The definition of the financial term spot price. Find more finance definitions inside the PFhub glossary your Personal Finance Hub.
What Is a Spot Exchange Rate? A spot exchange rate is the current price at which a person can exchange one currency for another at a specific time. Put simply, a spot exchange rate refers to the cost of the currency exchanged instantly and without delay. Spot exchange rates are used for...
Definition The spot price is the current price in the marketplace at which a given asset—such as a security, commodity, or currency—can be bought or sold for immediate delivery. The spot price is thecurrent pricein the marketplace at which a given asset—such as a security, commodity, ...