Bridge currency: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
||
| Line 22: | Line 22: | ||
* [[Currency]] | * [[Currency]] | ||
* [[Dollar]] | * [[Dollar]] | ||
* [[Exchange rate]] | |||
* [[Fixed currency]] | * [[Fixed currency]] | ||
* [[Foreign currency]] | * [[Foreign currency]] | ||
Latest revision as of 10:01, 22 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
- Exchange rate
- Fixed currency
- Foreign currency
- Foreign currency exchange rate
- Foreign exchange
- Quoted currency
- Reference currency
- Reserve currency
- Terms currency
- Transaction
- Underlying currency
- USD
- Variable currency
