Home > Terms > English, UK (UE) > Closed currency position
Closed currency position
A commitment to take or make delivery of a currency in the future that is covered by a contract in the forward market; opposite of an open position.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
- Product:
- Acronym-Abbreviation:
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