Problem

Foreign money liabilities

Nature:

Disputes may arise in connection with foreign money liabilities when the currency or the rate of exchange for payment has not been clearly specified. Currency fluctuations may result in a substantial prejudice to one of the parties.

Broader Problems:
Risk
Subject(s):
Commerce Finance
Commerce Money
Society Foreign
Related UN Sustainable Development Goals:
GOAL 16: Peace and Justice Strong InstitutionsGOAL 17: Partnerships to achieve the Goal
Problem Type:
E: Emanations of other problems
Date of last update
04.10.2020 – 22:48 CEST