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Erschienen in:
2019 | OriginalPaper | Buchkapitel
4. Foreign Exchange Rates
verfasst von : Tarsem Bhogal, Arun Trivedi
Erschienen in: International Trade Finance
Verlag: Springer International Publishing
Abstract
Both the importer and the exporter need to know what means are available to make payments overseas and to receive payments from foreign buyers. They may have the option to decide whether to trade in GB pound or a foreign currency. Before they look at these important points, it would be better to consider the international financial system as this will help in the selection of the appropriate method of payment and/or settlement of funds due.