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...
A floating exchange rate is the same thing as a flexible exchange rate. When an exchange rate can change, people refer to it as "floating." The rate "floats" with market forces. Similarly, bonds with variable interest payments are known asfloating-rate bonds. What is the spot exchange rate?
The foreign exchange market is the largest place for trading in the world, with daily revenue of more than $5 trillion, and is the largest active asset in the world. Commodities must be standardized for effective trading at a spot rate. Crude oil has the largest market share. ...
《左传》中说:“或多难以固其国,启其疆土;或无难以丧其国,失其守宇。”意思是,有些遭劫难的国家,政权巩固,疆土拓展;有些未遭劫难的国家却政权不守,疆土丢失。这蕴涵的辩证法道理是①矛盾具有普遍性,事物都是一分为二的②矛盾具有历史性③矛盾具有同一性④矛盾双方在一定条件下可以相互转化 ...
Given the following information, what is the forward exchange rate implied by interest rate parity? U.S. interest rate = 9%. North Korea interest rate = 10%. Spot rate = 1.65 KPW/$.A. 0.612 KPW/$.B. 1.635 KPW/$.C. 1.665 KPW/$. 正确答案:C 分享到: 答案解析: Forward rate ...
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For foreign exchange traders, known as forex traders, the exchange rate is huge. They make currency trades every day based on factors that include exchange rates and their fluctuation. In a very simple example, if the exchange rate from currency A to currency B is usually around 0.9 and toda...
dollar. The current rate method is used if the functional currency is the local foreign currency. In this circumstance, all assets and liabilities translate at the spot exchange rate prevailing as of the end-of-period reporting date. Owner or shareholder equity, in contrast, is translated using...
In currency transactions, the spot rate is influenced by the demands of individuals and businesses wishing to transact in a foreign currency, as well as byforextraders. The spot rate from aforeign exchangeperspective is also called the "benchmark rate," "straightforward rate" or "outright rate....
financial instrument, or commodity for instant delivery on a specified spot date. Most spot contracts include thephysical deliveryof the currency, commodity, or instrument to the buyer. In a foreign exchange spot trade, the exchange rate on which the transaction is based is referred to as the s...