The spot rate is simply the price quoted by traders at the time of purchase. However, you can also calculate the spot rate for currencies based on future rate and interest rate differentials to ...
Calculating a forward rate requires both the current spot price of the currency pair and the interest rates in the two countries. Before we dive into the example, it's important to understand a ...
The spot rate is simply the current interbank (or wholesale) market rate as determined by supply and demand, and is what is reported on sites like this one. Apart from a retail transaction (over the ...