What is an fx spot rate
18 Sep 2019 The spot exchange rate is the current market price for changing one currency directly for another. Generally, the spot rate is set by the forex 23 Apr 2019 A spot rate is a price for a transaction that is happening immediately. The forward rate and spot rate are different prices, or quotes, for different contracts. The forex spot rate is the most commonly quoted forex rate in both A spot foreign exchange rate is the rate of a foreign exchange contract for immediate delivery (usually within two days). The spot rate represents the price that a