Template-Type: ReDIF-Article 1.0
Author-Name: Kristina V. Shvandar
Author-Email: shvandar@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow 127006, Russia
Author-Name: Artur V. Glazunov
Author-Email: artur.glazunov@minfin.ru
Author-Workplace-Name: Ministry of Finance of the Russian Federation, Moscow 109097, Russia
Title: National Currencies in Foreign Trade Transactions: International Experience and Results
Abstract: The article is devoted to the analysis of foreign experience of studying the factors explaining the use of international and national currencies in foreign trade. Recently, the interest in these issues has increased  significantly  due  to  the  active  efforts  of  the  EAEU  countries  to  disclose  the  integration potential, in particular through the expansion of settlements in national currencies to minimize costs and risks. Since the beginning of 2017 the Eurasian Economic Commission has begun preparations for the research based on a survey on the use of national currencies in settlements between the EAEU countries. In light of this process special attention is paid in this article to foreign approaches to information support for the analysis of the use of currencies in foreign trade operations, the organization of surveys, the sampling of the companies under study, and the analysis of the reasons for success research.
Classification-JEL: F10, F14, F31
Keywords: national currency, settlements on foreign trade operations, currency structure of settlements, countries of the EAEU, trading partners
Journal: Finansovyj žhurnal — Financial Journal
Pages: 122-135
Issue: 4
Year: 2017
Month: August
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2017/4/articles_2017_4/fm_2017_4_10.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:170410:p:122-135