Trade finance and USDX: Difference between pages

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:In any transaction, there is a level of risk for both the buyer and the seller. The buyer's primary concern is the quality and timing of the goods received. The seller, on the other hand, is mostly concerned about getting paid.
Abbreviation for US Dollar indeX.


:In order to ensure that each party to a trade has their objectives met, and to avoid business grinding to a halt, a series of risk management tools have been developed to enable transactions to be settled in good order.
It measures the value of the US dollar against a basket of the currencies of six of the US's most significant trading partners.


:These tools are referred to collectively as trade finance solutions, and the payment terms inherent in the various products provide more or less protection to one other party in the transaction.


::''Sarah Boyce, Associate Director of Education, ACT, The Treasurer, July 2015, p43''
The currencies are: the euro (EUR), Swiss Franc (CHF), Japanese Yen (JPY), Canadian dollar (CAD), British pound (GBP) and Swedish Krona (SEK).




Trade finance and international trade financing include the use of open account, export credit insurance, guarantees, [[supplier credit]]s, [[buyer credit]]s, and the use of different price bases and terms ('[[incoterms]]').
USDX is also sometimes known as DX or DXY.
 
Trade finance also incorporates instruments and [[documentary credit]]s such as letters of credit, [[acceptance]]s, bills, and evidentiary documents such as bills of lading.
 
The scope of trade finance extends through domestic trade financing, [[supply chain finance]] and electronic systems, as well as the areas outlined above.
 




== See also ==
== See also ==
* [[Bill]]
* [[Index]]
* [[Bill of lading]]
* [[Index tracker]]
* [[BPO]]
* [[S&P 500]]
* [[Buyer credit]]
* [[Statistics]]
* [[C2C]]
* [[Tracker fund]]
* [[CertICM]]
* [[CIF]]
* [[COD]]
* [[Documentary credit]]
* [[ECGD]]
* [[ECA]]
* [[FECMA]]
* [[ICTF]]
* [[Letter of credit]]
* [[Open account]]
* [[P2P]]
* [[Supplier credit]]
* [[Supply chain finance]]
* [[Trade acceptance]]
* [[UK Trade and Investment]]
 
 
===Other link===
[http://voxeu.org/article/trade-finance-around-world Trade finance around the world, Centre for Economic and Policy Research, 2016]


[[Category:Trade_finance]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 14:50, 28 August 2019

Abbreviation for US Dollar indeX.

It measures the value of the US dollar against a basket of the currencies of six of the US's most significant trading partners.


The currencies are: the euro (EUR), Swiss Franc (CHF), Japanese Yen (JPY), Canadian dollar (CAD), British pound (GBP) and Swedish Krona (SEK).


USDX is also sometimes known as DX or DXY.


See also