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Forward Exchange Details
Forward Exchange Details
Forward contracts are agreements between two parties to exchange two designated currencies at a specific time in the future. These contracts always take place on a date after the date that the spot contract settles, and are used to protect the buyer from fluctuations in currency prices.
Relevance is a noun that means the relationship between something and the matter at hand. It is used to show that something has importance to the current situation. Something is referred to be irrelevant when it has no relationship to the matter at hand
To be relevant is to agree with more than the average of people. Being relevant means to have significant meaning on a subject and having evidence to back them up.