Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...
A spot rate is the current market price at which a stock, bond, commodity, or currency can be purchased or sold. A forward rate or forward price is a price set in advance between a buyer and a seller ...
Benchmark rates have long been a cornerstone of traditional finance (TradFi), underpinning trillions in financial instruments. Benchmarks like LIBOR and SOFR play a crucial role in determining lending ...