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Glossary of the 1993 SNA - Definition of Term

Term	Forward foreign exchange contracts
Definition	Forward foreign exchange contracts involve two counterparties who agree to transact in foreign currencies at an agreed exchange rate in a specified amount at some agreed future date.
Paragraphs	11.38.

It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.

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