: Agreements to buy or sell a currency at a set price on a specific future date.

These are the rules and institutions that govern how countries exchange currencies and manage global debt.

: The risk that the cost of a signed contract changes before the money is actually paid due to currency fluctuations.

International Finance For Dummies Page

: Agreements to buy or sell a currency at a set price on a specific future date.

These are the rules and institutions that govern how countries exchange currencies and manage global debt. International Finance For Dummies

: The risk that the cost of a signed contract changes before the money is actually paid due to currency fluctuations. : Agreements to buy or sell a currency