A foreign exchange derivative based upon the difference between two forward exchange rates. This could be the difference between the projected currency exchange rates within 3 month and 6 month contracts. Unlike other forward exchange agreements, the spot rate does not directly factor into the value.
Related information about exchange rate agreement:
- Exchange Rate Agreement - Financial Glossary
Exchange Rate Agreement. Clear Results. See ERA. Retrieved from "http:// glossary.reuters.com/index.php/Exchange_Rate_Agreement". Powered by MediaWiki ...
- What is exchange rate agreement? definition and meaning
Definition of exchange rate agreement: A foreign exchange derivative based upon the difference between two forward exchange rates. This could be the ...
- Exchange Rate Agreement (ERA)
A synthetic agreement for forward exchange (SAFE), much like a forward rate agreement in the interest rate market, that increases or decreases in value as the ...
- Monetary and exchange-rate agreements between the European ...
monetary agreements concluded by the Community with third countries. An exchange rate agreement typically aims at establishing a certain parity between the ...
- PDF (316 K) - National Bureau of Economic Research
Ireland, Italy, and the Netherlands) and the same group of 8 countries outside the exchange rate agreement as in section 3.2 (Austria, Canada, Japan, Norway, ...
- China's yuan trades in Tokyo signal stronger ties - MarketWatch
Jun 17, 2012 ... Under the new exchange rate agreement, the foreign exchange trading center in Beijing will determine the central parity yuan-yen rate every ...
- U. Washington, Geography 349: currency markets
Optional reading from Daniels and Radebaugh: Refer to the introductory case in D&R Ch. 9, which points up the imperfections of retail foreign-exchange ...
- Foreign Exchange - University of North Carolina at Chapel Hill
The fixed exchange rate agreement that lasted from 1945-1971 was called the: (a ) General Agree on Trade and Tariffs. (b) World Trade Organization. (c) Bretton ...