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: Central / East Coast, north. A Spot Contract transacted on Monday will settle on Wednesday. Exchange rates below are - Malaysia Ringgit (MYR) to 1 or 100 Unit(s) of Foreign Currency. Sorry, our Calculator is experiencing technical issues and is currently unavailable. Currency, unit, sell TT / OD, buy.
Buy OD, currency Notes (Sell currency Notes (Buy information is not available! Beac Africaine Franc XCD - East Carribbean Dollar- XOF -. Your definition of "expensive" can be misleading for newbies browsing in this thread.
This instrument is generally used to hedge and manage uncertain future currencies exposure. Interbank rates dont include the spreads, handling fees, and other charges that may be assessed by foreign exchange providers. Home Global Markets Forex Foreign Exchange, foreign Exchange, foreign exchange services including over-the-counter transactions, spot contracts and forward exchange contracts. Benefits, carry out your foreign transactions with one of the top foreign exchange dealers by volume of daily turnover, experience in catering to the needs of an extensive customer base including individual and middle-market clients, local corporations, multinationals and government agencies. This post has been edited by hye : Apr 30 2011, 06:57. You posted a subjective answer (questionable). It is generally used to offset or hedge against future rate exposure on receivables or payables in other currencies. Higher than spot rate) or discounted (lower than spot rate) price, depending on the interest differential between the two currencies. Quot;(chunglern @ Apr 30 2011, 02:38 PM). We keep the prices updated by checking the exchange rate margins and fees for each provider, and then apply them to the currency interbank rate; our best projection of their price to customers.