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Home > Corporate > Treasury > Forex > Currency Forward Contract

Treasury - Currency Forward Contract

A Currency forward contract is a non-standardized over-the-counter traded contract between two parties to exchange one currency for another at a specified date in the future at a price that is fixed on the purchase date i.e. itís a mechanism through which the rate is fixed in advance for purchase or sale of foreign currency at a forward date. Normally, Forward contracts in USD/INR, other FC/INR and Cross currencies are quoted up to a period of one year

We assist our customers mitigate their currency fluctuation risk by facilitating them to hedge their forex exposures by booking forward contacts.

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