A FUTURES contract, bought or sold via an EXCHANGE, which references a specific FOREIGN EXCHANGE rate. Currency futures are available on both CONVERTIBLE CURRENCIES and select EXOTIC CURRENCIES. See also COMMODITY FUTURE, INDEX FUTURE, INTEREST RATE FUTURE.
Link to This DefinitionDid you find this definition of CURRENCY FUTURE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary