Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The essential feature of a _______ is that it immediately fixed the rate at which a specified amount of one currency is to be delivered in exchange for a specific amount of another at a future date ?

/ Economics Mcqs, Foreign Exchange / By
The essential feature of a _______ is that it immediately fixed the rate at which a specified amount of one currency is to be delivered in exchange for a specific amount of another at a future date ?

A. forward contract
B. spot contract
C. money contract
D. bid contract