In FX forwards, each party to the contract must deliver a currency to the other party at the expiration date.

Name: In FX forwards, each party to the contract must deliver a currency to the other party at the expiration date.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

In FX forwards, a contract is agreed upon to exchange a specific amount of one currency for another at a future date, and at a predetermined rate, requiring each party to deliver the agreed-upon currency amount at the expiration date.

In FX Forwards, Each Party to the Contract Must Deliver