Spot or forward exchange rates which one is best
8 Mar 2009 1. International Finance: Institutional Background. 3. Spot Markets for Foreign Currency. 11. Understanding Forward Exchange Rates for Currency. 19 forward market, Polyglot will always prefer to buy dkk forward directly. 3. On the near leg date, you swap one currency for another at an agreed spot foreign exchange rate and agree to swap the same currencies back again on a future