Subject to the purchase and sale of foreign currencies in the futures market if it was agreed to pay back the money after more than two working days at a later date, but this may be considered forward exchange rates as the agreement on the swap currency with another in the future, where is determined exchange rates and the value of the delivery and the value of currencies mutual at the time of the contract, and usually includes the market a set of deadlines standard (30 days 0.60 days 0.90 days, 180 days, years) and could use some deadlines other in the light of demand and supply of liquidity in the market, Vmaamlat other currencies most important may be according to a leisurely than a year, but much less than the size of those that are in accordance with the deadlines conventional.
The forward rate differs from the real-time exchange rate, and is usually the difference between them in terms of interest rates applicable for the relevant currencies, rise or decline in the forward price of a currency is inversely proportional to interest rate currency,
The greater the difference between the interest rate currencies and increased duration of the contract term the greater the difference between the price of the real-time price and currency futures.
التسميات
Financial concepts