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.
27.322 days (or 655.728 hours) Since the Moon's orbit centers on the Earth, rather than the Sun, it would be a little confusing to think of the Moon's orbit as a year. Instead, this cycle of the Moon orbiting the Earth is much closer to our calendar system of months. It takes 27.322 days (or 655.728 hours) for the Moon to orbit the Earth. If that number looks familiar, it's because the orbital period of the Moon is exactly the same as its rotational period. This is the reason we can never see the far side of the Moon from Earth--it's always facing away from us.