In the case where the spot and forward rates are equal,the currency is said to be selling

Name: In the case where the spot and forward rates are equal,the currency is said to be selling
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the spot and forward rates are equal, it is known as a flat currency. This means there is no difference in the cost of buying or selling the currency at the current market rate or in the future. There is no profit to be made from simply buying and selling the currency, thus it is a flat currency.

In the Case Where the Spot and Forward Rates Are