Go to Statistics Portal


Statistics Directorate    
A forward exchange rate is the exchange rate in contract for receipt of and payment for foreign currency at a specified date usually for 30 days, 90 days or 180 days in the future, at a stipulated current or “spot” price.

Source Publication:
The Dictionary of International Business Terms, J.K. Shim, J.G. Siegel, M.H. Levine, Glenlake Publishing Co. Ltd, 1998.

Statistical Theme: Financial statistics - Exchange rates

Created on Tuesday, September 25, 2001

Last updated on Sunday, December 2, 2001