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forward market
noun
- a market in which contracts are made to buy or sell currencies, commodities, etc, at some future date at a price fixed at the date of the contract Compare spot market
Example Sentences
The central bank previously said its strategy to defend excessive falls in the rupiah by focusing on intervention in the domestic nondeliverable forward market would limits the use of FX reserves.
To be sure, there are exporters selling dollars at spot prices to convert profits to yuan at favourable levels, and some bankers also reported increased dollar selling in the forward market.
The U.S swaps forward market sees the terminal rate hitting between April 2023 and April 2024 at roughly 3%, based on the one-year and two-year forwards of one-year swap rates, analysts said.
The yuan exchange rate will be kept basically stable and banks are encouraged to conduct deals in the forward market to help exporters better cope with currency fluctuations risks, it added.
And the price of oil, the most important global determinant of inflation, is very high and not expected by forward markets to decline rapidly.
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