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The forward currency rate is based on the spot rate, plus or minus forward points. Forward points reflect the difference between two countries' interest rates
The forward currency rate is based on the spot rate, plus or minus forward points. Forward points reflect the difference between two countries' interest rates at the time a FX trade is executed. A currency with a higher interest rate will trade at a forward market against a currency with a lower interest rate? in the a. Premium b. Par c. Parity d. Discount
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