Meaning Bid rate
What does Bid rate mean? Here you find 3 meanings of the word Bid rate. You can also add a definition of Bid rate yourself
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Bid rateThe rate at which a market maker is willing to buy the quoted asset.
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Bid rateThe lower range of interest rate quotations, i.e. the interest rate a bank is prepared to pay for deposits or to acquire securities.
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Bid rateThe exchange rate at which a foreign exchange provider will buy a currency from you. Also known as the buy rate. For a customer, a higher bid rate is preferable since it means you will receive more fo [..]
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