Local Currency Financing: eligible currencies
Updated 14 November 2023
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This publication is available at https://www.gov.uk/government/publications/local-currency-financing-eligible-currencies/local-currency-financing-eligible-currencies
Find out more about our Buyer Credit Facility. For the overseas borrower (and buyer) it reduces foreign currency risk and avoids a variable debt service cost.
1. Eligible currencies
- Australia, Australian dollar
- Botswana, Botswana pula
- Brazil, Brazilian real
- Bulgaria, Bulgarian lev
- Canada, Canadian dollar
- Chile, Chilean peso
- China, Chinese offshore yuan
- Czech Republic, Czech koruna
- Denmark, Danish krone
- Dominican Republic, Dominican peso
- Egypt, Egyptian pound
- Hong Kong, Hong Kong dollar
- Hungary, Hungarian forint
- Iceland, Icelandic krona
- India, Indian rupee
- Indonesia, Indonesian rupiah
- Israel, Israeli new shekel
- Kenya, Kenyan shilling
- Kuwait, Kuwaiti dinar
- Malaysia, Malaysian ringgit
- Mauritius, Mauritian rupee
- Mexico, Mexican peso
- Morocco, Moroccan dirham
- New Zealand, New Zealand dollar
- Norway, Norwegian krone
- Panama, Panamanian balboa
- Peru, Peruvian sol
- Philippines, Philippine peso
- Poland, Polish zloty
- Qatar, Qatari riyal
- Romania, Romanian leu
- Saudi Arabia, Saudi riyal
- Serbia, Serbian dinar
- Singapore, Singapore dollar
- South Africa, South African rand
- South Korea, South Korean won
- Sweden, Swedish krona
- Switzerland, Swiss franc
- Taiwan, New Taiwan dollar
- Thailand, Thai baht
- United Arab Emirates (UAE), UAE dirham
- Uruguay, Uruguayan peso
- Vietnam, Vietnamese dong
2. Currencies considered case-by-case
The following currencies are considered for local currency financing on a case-by-case basis:
- Armenia, Armenian dram
- Bahrain, Bahraini dinar
- Benin, CFA franc
- Burkina Faso, CFA franc
- Cameroon, CFA franc
- Colombia, Colombian peso
- Cote d’Ivoire, CFA franc
- Fiji, Fijian dollar
- Georgia, Georgian Lari
- Kazakhstan, Kazakhstani tenge
- Jordan, Jordanian dinar
- Paraguay, Paraguayan guarani
- Senegal, CFA franc
- Tanzania, Tanzanian Shilling
- Togo, CFA franc
- Trinidad and Tobago, Trinidad and Tobago dollar
- Turkey, Turkish lira
- Uganda, Ugandan shilling
We are willing to consider other currencies subject to satisfying eligibility standards.
To find out more about Local Currency Financing or to discuss eligibility for our support, contact our customer services team. Email customer.service@ukexportfinance.gov.uk or call +44 (0)20 7271 8010.