Buying from UK Importing Agents

A. D. P. Edwards

Chapter 23 in The Exporter’s & Importer’s Handbook on Foreign Currencies, 1990, pp 114-115 from Palgrave Macmillan

Abstract: Abstract If the UK exporters sell to their distributing agents overseas in sterling, the distributors will invariably protect themselves against the exchange risk by loading the local currency price. UK distributing agents for overseas suppliers will very often do exactly the same, as in company with many other British exporters and importers, they do not understand the forward market. As a result, the loading can sometimes be as high as 15 or 20 per cent but in any event it is much more likely to be more than the amount of any premium involved in the forward purchase of the currency.

Keywords: Exchange Rate; International Economic; Foreign Exchange; Exchange Risk; Foreign Currency (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11852-6_24

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349118526

DOI: 10.1007/978-1-349-11852-6_24

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().