Long Rate
Summary of Long Rate
The rate paid by a bank or foreign exchange broker for long bills of exchange (i.e., those having a tenor of more than thirty days) payable abroad.
(Main Author: William J. Miller)
The rate paid by a bank or foreign exchange broker for long bills of exchange (i.e., those having a tenor of more than thirty days) payable abroad.
(Main Author: William J. Miller)
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