Ask Price Definition

The Ask Price, or offer price, is the lowest price a seller is willing to accept for a security or currency pair, representing the rate at which a trader can ex

The Ask Price, or offer price, is the lowest price a seller is willing to accept for a security or currency pair, representing the rate at which a trader can execute an immediate buy order for the base currency. This price is always the higher of the two rates in a foreign exchange quote, with the difference between it and the Bid Price constituting the transaction's spread.

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