top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What are spot rates of interest?

+1 vote
What are spot rates of interest?
posted Jul 10, 2017 by Ananya Saha

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

The price quoted for immediate settlement on a commodity, a security or a currency. The spot rate, also called “spot price,” is based on the value of an asset at the moment of the quote. This value is in turn based on how much buyers are willing to pay and how much sellers are willing to accept, which depends on factors such as current market value and expected future market value. As a result, spot rates change frequently and sometimes dramatically.

answer Jul 11, 2017 by Tanmay