British International Freight Association and International Fisher Effect: Difference between pages

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imported>Doug Williamson
(Create page. Source: BIFA webpage https://www.bifa.org/about/overview)
 
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(BIFA).
This theory predicts that the spot foreign exchange rate will change over time to reflect and offset differences in interest rates in the respective currencies.  


The British International Freight Association (BIFA) is the trade association for UK-registered companies engaged in international movement of freight by air, road, rail and sea.
So for example, unhedged currency depreciation losses will on average negate and match exactly any gains on interest differentials between the two currencies.
 
BIFA has around 1,500 corporate members, known generally as freight forwarders, who offer a wide range of services within these various modes.
 
Some members are also involved in providing customs clearance and other cross border controls.
 
 
BIFA provides its members with:
 
*Representation
*Information and guidance on technical matters
*Training and development
*Industry promotion




== See also ==
== See also ==
* [[Chartered Institute of Credit Management]]
* [[Carry trade]]
* [[European Freight Trades Association]]
* [[Depreciation]]
* [[Trade finance]]
* [[Expectations theory]]
* [[Fisher Effect]]
* [[Four way equivalence model]]
* [[Interest rate parity]]
* [[No arbitrage conditions]]
* [[Purchasing power parity]]
* [[Spot rate]]


[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Trade_finance]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 15:40, 22 June 2021

This theory predicts that the spot foreign exchange rate will change over time to reflect and offset differences in interest rates in the respective currencies.

So for example, unhedged currency depreciation losses will on average negate and match exactly any gains on interest differentials between the two currencies.


See also