A Forward Exchange Contract is an agreement between you and the Bank, in which the Bank agrees to Buy or Sell foreign currency to you on a fixed future date, or during a period expiring on a fixed future date, at a fixed rate of exchange. Forward Exchange Contract is a contract between St.George Bank Ltd and you where the Bank agrees to BUY from you, or SELL to you, foreign currency on a fixed future date, at a fixed rate of exchange.
The 'dark' side of the moon. The moon orbits the Earth once every 27.322 days. It also takes approximately 27 days for the moon to rotate once on its axis. As a result, the moon does not seem to be spinning but appears to observers from Earth to be keeping almost perfectly still.Scientists call this sychronous rotation.he 'dark' side of the moon. The moon orbits the Earth once every 27.322 days. It also takes approximately 27 days for the moon to rotate once on its axis. As a result, the moon does not seem to be spinning but appears to observers from Earth to be keeping almost perfectly still.
Best Answer: It takes 27.3 days for the moon to encircle Earth, but 29.5 days for it to return to the same spot in the sky relative to the sun [back to the same moon phase].he moon's phases take 29.5 days to complete one cycle, but that is made longer because of the Earth's orbit of the Sun. The real time it take to make one orbit of the Earth is 27.3 days. Kyle M Â· 7 years ago.