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What does the forward exchange rate mean?
Forward rate [English] [? f? :w? D reit][ America] [f? rw? D retirement]

Forward exchange rate, futures exchange rate, forward exchange rate;

The above results come from Kingsoft.

Example:

1.

Foreign exchange swap transactions involve both parties exchanging currencies at spot exchange rate and agreeing to cancel the transaction at forward exchange rate in the future.

In foreign exchange swap transactions, the two parties exchange foreign exchange at the spot exchange rate and agree to conduct reverse transactions at the forward exchange rate at a future date.

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