Forward exchange rate (远期汇率 yuǎn qí huìlǜ) is an exchange rate (汇率 huìlǜ) of a currency applicable to a forward contract which will take place at an agreed-upon future date.
- 远 (yuǎn) as in distant place (远方 yuǎnfāng) or distant relative (远亲 yuǎnqīn).
- 期 (qī) as in date (日期 rìqī) or deadline (期限 qīxiàn).
- 汇 (huì) as in remit (汇款 huìkuǎn) or wire transfer (电汇 diànhuì).
- 率 (lǜ) as in ratio (比率 bǐlǜ) or frequency (频率 línlǜ).
Forward exchange rate (远期汇率 yuǎn qí huìlǜ) as in:
- Outright forward exchange rate (直接远期汇率 zhíjiē yuǎn qí huìlǜ).
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