Forward Exchange Rate definition
Forward Exchange Rate means the forward exchange rate quoted and agreed to by iFAST at its discretion having regard to the prevailing forward foreign exchange market conditions for the exchange of the Currencies bought and sold under a FX Forward on the Value Date;
Forward Exchange Rate means, in respect of a Currency Cross, a Forward Tenor, and any day t:
Forward Exchange Rate means the price at which foreign currency can be bought or sold for delivery at a specified future time:
Examples of Forward Exchange Rate in a sentence
The Forward Exchange Rate will be used for the purposes of determining whether any Overage has been achieved.
We will inform you of the Forward Exchange Rate once we make our purchase.
More Definitions of Forward Exchange Rate
Forward Exchange Rate means, for the purpose of any Forward Exchange Contract, the forward exchange rate quoted and agreed to by the Bank at its absolute discretion having regard to the prevailing forward foreign exchange market conditions for the exchange of the Specified Currencies on the Settlement Date;