Bridge currency: Difference between revisions
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imported>Doug Williamson (Create page - source - BIS - https://www.bis.org/publ/othp61.pdf) |
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== See also == | == See also == | ||
* [[Base currency]] | * [[Base currency]] | ||
* [[Bridge Bank]] | |||
* [[Bridge facility]] | |||
* [[Bridge financing]] | |||
* [[Bridge to bond]] | |||
* [[Bridging loan]] | |||
* [[Cross currency deal]] | * [[Cross currency deal]] | ||
* [[Cross rates]] | * [[Cross rates]] | ||
Revision as of 01:30, 19 March 2023
Foreign exchange transactions.
A bridge currency is a currency that is used as an intermediate step in an exchange between two currencies for which:
- There is no foreign exchange rate readily available; or
- The foreign exchange rate is unfavourable.
The United States dollar (USD) is often used as a bridge currency.
See also
- Base currency
- Bridge Bank
- Bridge facility
- Bridge financing
- Bridge to bond
- Bridging loan
- Cross currency deal
- Cross rates
- Currency
- Dollar
- Fixed currency
- Foreign currency
- Foreign currency exchange rate
- Foreign exchange
- Quoted currency
- Reference currency
- Reserve currency
- Terms currency
- Transaction
- Underlying currency
- USD
- Variable currency
