Freight contracts often involve multiple currencies: a European forwarder invoices in EUR, but the shipper pays in USD or CHF; exchange rates fluctuate daily.
Source: https://www.investopedia.com/terms/c/currency-adjustment-clause.asp
Tools that match this term
You might also be interested in these terms
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Weekly: Top news, industry facts and insights from the world of logistics – free.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.