The currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter.
Related information about vehicle currency:
- Vehicle currency (Meaning of)
Vehicle currency - Meaning and definition. ... A vehicle currency performs the same function on the foreign exchange market as money on the goods market: ...
- What is vehicle currency? definition and meaning
Definition of vehicle currency: The currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer ...
- Vehicle Currency Use in International Trade - Federal Reserve Bank ...
The dollar is also extensively used as a vehicle currency in international trade ... Our analysis builds on a rich history of thought on vehicle currency selection.
- Vehicle Currency Use in International Trade - Federal Reserve Bank ...
currency of the destination country, or in a third “vehicle” currency. This invoicing ... and extends them to incorporate the use of a vehicle currency. Our analysis ...
- Vehicle Currency
Apr 25, 2008 ... Downloadable! While in principle, international payments could be carried out using any currency or set of currencies, in practice, the US dollar ...
- Vehicle Currency Use in International Trade
The dollar is also extensively used as a vehicle currency in international trade flows that do not directly involve the United States. Consistent with the results of ...
- Vehicle Currency - Faculty and Staff - University of British Columbia
The dollar acts as a ''vehicle currency'' in the sense that agents in non-dollar ... of the vehicle currency economy, and the monetary policy followed by the vehicle ...
- Vehicle Currency!
We study the constraints on the inflation rate of the vehicle currency that must be satisfied in order for a currency to be a robust vehicle currency. *. Preliminary.