Foreign exchange settlement risk: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Layout.) |
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Also called cross-currency settlement risk or principal risk. | Also called cross-currency settlement risk or principal risk. | ||
== See also == | == See also == | ||
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* [[Herstatt risk]] | * [[Herstatt risk]] | ||
* [[Settlement risk]] | * [[Settlement risk]] | ||
[[Category:Manage_risks]] | |||
Latest revision as of 20:47, 28 April 2016
The risk that one party to a foreign exchange transaction will pay the currency it sold but not receive the currency it bought.
It is also often referred to as 'Herstatt risk', although arguably this is too limited a term given the differing circumstances in which foreign exchange settlement risk has materialised.
Also called cross-currency settlement risk or principal risk.
