Project finance & insurance circleEgypt2026-09-06

Currency swinging 6% a month: how much buffer in quotes?

Y

Yusuf B.

Verified member · Dealer

The local currency moves 6% a month and the client wants the contract in local currency.

Quoting in USD looks expensive; locking a local price risks FX loss.

How do peers handle it? Is there an established practice?

Discussion (3)

  • Ade O.Verified member · Procurement lead2026-09-07

    Price in USD and settle in local currency at the payment-date rate; both sides accept that.

  • Fatou D.Verified member · Procurement lead2026-09-08

    A 5% FX buffer is more dignified than a later increase, and clients understand it.

  • Grace W.Verified member · Project chief engineer2026-09-09

    Shorten the quote validity to seven days; in volatile periods that is the most practical.

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