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Trading Terms

Forward deal

In the world of finance, there exists a contract known as a forward exchange agreement. This agreement involves the buying or selling of foreign currency, either in relation to the New Zealand Dollar or another foreign currency, with a predetermined value and a settlement date that is at least two business days after the initial transaction. This is a useful tool for managing currency risk in international trade and finance.
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Trading Terms encompass terminology and phrases commonly used in financial markets, including terms
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