spot rate
The exchange rate for which currencies are traded and available for immediate delivery. Originally derived from the phrase" on the spot", the most commonly quoted forex rate for a currency pair is its spot rate, which implies that delivery will occur in two business days for most currency pairs, or in one Business Day for USD/CAD.
Browse by Subjects
Gamma
unbiased expectations hypothesis
outright forward (NDF)
risk premium
forward exchange rate
See All Related Terms »

stagnate
interim audit
chargeable transfer
credit default swap (CDS)
operating performance ratio