Spot exchange rates

Spot exchange rates
exchange rate on currency for immediate delivery. Related: forward exchange rate.
Stock ...

Spot exchange rates
Exchange rate on currency for immediate delivery. Related: forward exchange rate.
Spot futures parity theorem ...

Philadelphia Stock Exchange (PHLX) A securities exchange trading American and European foreign currency options on spot exchange rates.

arbitrage that exploits and thereby eliminates differences between spot exchange rates, forward exchange rates, and interest rates on deposits, thus creating interest rate parity.
Dictionary of Banking Terms
covered interest arbitrage ...

FORWARD PARITY - Notion that the forward rate is an unbiased predictor of future spot exchange rates.
FORWARD PREMIUM - A currency trades at a forward premium when its forward price is higher than its spot...

Effective Exchange Rate - Spot exchange rates that are actually paid or received by the general public, including taxes on any transactions as well as bank commissions.

A securities exchange trading American and European foreign currency options on spot exchange rates.
Philippine Stock Exchange
Stock exchange based in the Philippines, which operates two trading floors, at Manila and Makati.

Spot exchange rates and 30-day forward exchange rates are used as currency data. The currency effect has two components: currency management effect (the results of managing currency surprise) and the forward premium effect.

Interest rate parity plays a fundamental role in foreign exchange markets, enforcing an essential link between short-term interest rates, spot exchange rates and forward exchange rates.
Related Internal Links ...

The condition in international economics whereby the discounted spread between the domestic and foreign interest rates equals the percentage spread between expected future spot and spot exchange rates.

See also: Spot exchange rate, Tender Offer, Banks, Currency option, Convertible Bond