FX Forward AgreementsFx Forward Agreement • May 28th, 2020
Contract Type FiledMay 28th, 2020But it is also possible to buy foreign currency in the future at an agreed exchange rate that is fixed right now. This is called a foreign exchange forward agreement.
DefinitionFx Forward Agreement • February 26th, 2002
Contract Type FiledFebruary 26th, 2002An FX forward is an agreement to purchase or sell a set amount of a foreign currency at a specified price for settlement at a predetermined future date, or within a predetermined window of time.