A Mexican equivalent to a currency forward contract (contrato de cobertura). A coberatura allows an investor willing to hedge peso currency risk to pay forward points to lock in the spot exchange rate. At settlement, the investor receives the difference between the initial spot rate and the spot rate at the time of settlement.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments