A rate of a specified currency for converting all profits and losses into U.S. dollars.
Conversion Rate
Related Terms
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The terminal rate is the interest rate level that the Federal Reserve (“Fed”) believes is consistent with a balanced economy in the long run.
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Secured Overnight Financing Rate (SOFR) is the secured overnight funding rate in USD. It is a rate published by the New York federal reserve based upon secured overnight transactions in the repo...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms...
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An FX swap, or currency swap, involves two simultaneous currency purchases, one on the spot rate and the other through a forward contract. A variety of market participants such as financial...