spot rate

spot rate　即期汇率，现货汇率，现货价　

The price quoted for immediate settlement o a commodity，a security or a currency.The spot rate，also called“spot price”is based on the value of an asset at the moment of the quote.This value is in turn based on how much buyers are willing to pay and how much sellers are willing to accept，which depends on factors such as current market value and expected future market value.As a result，spot rates change frequently and sometimes dramatically.