A contract to deliver dollars for euros in six months is both "buying euros forward for dollars" and "selling dollars forward for euros."

Name: A contract to deliver dollars for euros in six months is both "buying euros forward for dollars" and "selling dollars forward for euros."
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Question

Quizplus · Accepted Answer

The contract involves exchanging dollars for euros at a specified time in the future, which means the buyer is buying euros forward with dollars, and the seller is selling dollars forward for euros.

A Contract to Deliver Dollars for Euros in Six Months