An exchange rate that refers to the spot exchange rate of the Bank of Canada that is posted each business day by the central bank at Noon.
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A type of currency forward contract that refers to the Bank of Canada's average noon rate for foreign exchange as a benchmark. The contract's negotiated ...
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Definition of noon average rate contract (NARC): An exchange rate that refers to the spot exchange rate of the Bank of Canada that is posted each business day ...
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noon rate. noon average rate contract (NARC) · NOPAT. Definition. The Bank of Canada uses noon rate to refer to the foreign exchange rate that exists between ...
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non-warrantable condo. nonvoting stock · noon average rate contract (NARC). Definition. A condominium that falls short of adhering to specific requirements set ...
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Noon Average Rate Contract - NARC. Top. Home > Library > Business & Finance > Investment Dictionary. A type of currency forward contract that refers to the ...
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