Question

Forward market is that market which: (1) a) handles transitions of foreign exchange meant for future delivery b) handles current transitions c) handles current as well as future transactions d) None of these​

Answer 1

Answer:

What Is a Forward Market? A forward market is an over-the-counter marketplace that sets the price of a financial instrument or asset for future delivery. Forward markets are used for trading a range of instruments, but the term is primarily used with reference to the foreign exchange market

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