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Indonesian Crude Price, or ICP, is a price index for crude oil from Indonesia. The ICP is determined by Dirjen Migas, based on moving average spot price of a basket of eight internationally traded Indonesia crudes: Minas; Cinta; Duri; Arjuna; Attaka; Widuri; Belida; Senipah; In some cases ICP is used as index in long term LNG contracts in East ...
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).
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A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date. The exchange rate at which the transaction is done is called the spot exchange rate. As of 2010, the average daily turnover of global FX spot ...
In 2012, Indonesia was the second fastest-growing G-20 economy, behind China, and the annual growth rate fluctuated around 5% in the following years. [ 39 ] [ 40 ] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic , its worst economic performance since the 1997 crisis.
The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. [1] It contrasts with a futures market , in which delivery is due at a later date. [ 2 ]
Allo Bank Indonesia Tbk. 41 BBKP Bank KB Bukopin Tbk. 42 BBLD Buana Finance Tbk. 43 BBMD Bank Mestika Dharma Tbk. 44 BBNI Bank Negara Indonesia (Persero 45 BBRI Bank Rakyat Indonesia (Persero 46 BBRM Pelayaran Nasional Bina Buana 47 BBTN Bank Tabungan Negara (Persero) 48 BBYB Bank Neo Commerce Tbk. 49 BCAP MNC Kapital Indonesia Tbk. 50 BCIC
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.