Rate Vs What Factors Determine Whether I Should Use A Spot Rate Vs A Forward Rate When Dealing With Japanese Yen?

What factors determine whether I should use a spot rate vs a forward rate when dealing with Japanese yen? - rate vs

Hello exchange rate is the price you can buy yen, open foreign exchange markets ...

Forward rate is where you commit to buy the U.S. $ 100,000 yen in the space of three months. This allows you to "block" some kind of agreement.

Factors is their voluntary decision whether you need now is the right yen, or three months.

Depends on what your game, you're a manufacturing company, for example, or a speculator? Forex speculator contracts for the supply of money to close, now or in the future, so that the "futures" market.

Hope this helps