What do you understand by the term "Spot Exchange Rate" ?

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Spot exchange rate is the rate of exchange between two currencies?
Posted by:
Mohamed Hakeem Meerashahib
21-March-2016

Financial Reporting Financial Management

Question added by Deleted user
Date Posted: 2014/08/14

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1 Answers

Khaled Abdelrehim ACCA DipIFR CMA

by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

this is the rate of immediate delivery in a foreign contract.

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