The total amount of Exposure that a bank shares with customers for both spot and futures contracts. Spot contracts involve the purchase or sale of a currency for immediate delivery. They are settled "on the spot." Futures contracts involve the purchase or sale of a currency at predetermined prices at some point in the future.
Browse by Subjects
currency in circulation
See All Related Terms »
sums chargeable to the reserve
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):