In an FX forward to sell a foreign currency, the seller must make delivery of the foreign currency to the FX dealer at the expiration date.

Question

Quizplus · Accepted Answer

In an FX forward contract to sell a foreign currency, the seller is obligated to deliver the specified amount of foreign currency to the buyer (often an FX dealer) at the agreed-upon exchange rate on the expiration date of the contract.

In an FX Forward to Sell a Foreign Currency, the Seller