_ refers to the rate at which the transaction take place at a future date.

Related MCQs

• Transaction in which exchange of currencies take place at a specified future date, subsequent to spot date is known as,
• Transaction where the exchange of currencies take place on the same date is known as
• Transaction in which currencies to be exchanged the next day of the transaction is known as
• Statistics such as GDP, the unemployment rate, the rate of inflation and the trade balance are:
•     _ rate variations can affect the equilibrium exchange rate.
• Interest rate differentials the exchange rate.
• Flexible exchange rate system, the exchange rate is determined by _     
• Single factoral terms of trade take in to account
• Monetary Policy is a regulatory policy by which the ______or monetary authority of a country controls the supply of money, availability of bank credit and cost of money that is the rate of interest:
• The rate at which goods are exchangeed between two countries is called