The Ukraine-Russia War has shaken the entire world-economy heavily. Business strategies of different countries of the world have changed with the emergence of this war since February 2022. Economic power houses like USA and European Union imposed various sanctions on transactions with Russia. Therefore, this war created volatility in the prices of foreign currencies. Business organizations as well as the general people have become the victim of this fluctuation in the foreign-exchange market. Smart business organizations around the world are using different derivative products of the foreign exchange market. Hedging is one of the most powerful tools in this derivative group. Here we will discuss about how you can hedge a foreign exchange risk involved for import in US Dollar during the present scenario of Ukraine-Russia war. What is Hedging Hedging is the activity of minimizing the risk of financial losses by using different financial instruments/ derivatives. Purpo
For many grounds you may want to be sure about, is shipment made as per declaration. As a stakeholder in an international import-export trade transaction, it is a typical curiosity. Now the question is how you can be sure without being present on the spot? In this part of writing, we'll discuss what may be the reasons you'll want to know about it. Then we'll discuss the procedures to be confirmed that the exporter has shipped as per their declaration, examining different documents. This article is intended for exporters, importers, bankers, and other professionals dealing with import-export trade. Though we've discussed the export-import documentation in Bangladesh, the procedure is almost identical for other countries. Stakeholders in an International Import-Export Trade Transaction Usual stakeholders in an international import-export trade transaction are importers, exporters, and bankers. Moreover, persons directly operating the transactions on behalf of th