Definition
The effect on foreign trade payments of an anticipated move in the exchange rate, normally a devaluation. The importers speeden up the payment for the imports and exporters delay recieving payment for the exports.
The effect on foreign trade payments of an anticipated move in the exchange rate, normally a devaluation. The importers speeden up the payment for the imports and exporters delay recieving payment for the exports.
Trade forex
with eToro
and get
up to
$1,000
forex bonus!
Open a
forex account
today with
a minimum
deposit
of just $50