Protect your business through risk management strategies with Standard Chartered foreign exchange (FOREX) and hedging solutions
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	| Strategies | DETAILS | 
|---|---|
| Foreign exchange spot | A spot contract is a binding obligation to buy or sell a certain amount of foreign currency at the current market rate, for settlement in two business days | 
| Foreign exchange forward contract | A forward exchange contract (or forward contract) is a binding obligation to buy or sell a certain amount of foreign currency at a pre-agreed rate of exchange, on or before a certain date |