local currency

Local currency debt is one of the best, if not the best, hedges against structural dollar weakness.

Only four of 90 main markets have done worse than Shanghai since the beginning of 2010 in local currency terms.

HSBC is one of three banks authorized to print the local currency, so its name can be found in just about everybody's hands and wallets.

The next present to you and introduce some other local currency.

State the funding amount requested, ensuring it is within the maximum grant amount available, and that it is in local currency.

So unless banks are able to attract sizeable local currency deposits, ambitions could be crimped when that waiver ends.

Ukraine announced last week that it would revise its peg to the dollar at a new level that would strengthen the local currency, the hyrvnia.

If traveling with his employer in a foreign country, local currency and an electronic translator could be added to the list.

Yes, in terms of local currency GDP, which is how economic performance is usually discussed, Japan was indeed a big loser.

GUPTA: From a practical standpoint on a one to two year basis, local currency bonds [in Asia] are a reasonable place to be.

The price of any foreign currency expressed in the local currency (say, dollars) is thus a major issue.

In 2007 around 40% of Peru's local-currency debt was short-term (ie, maturing in less than a year).

As you saw above, bank transfers require the shopper to pay in their local currency.

Carry some local currency with you, preferably in small denominations.

They consulted with local partners to set the number used in local currency at a comparable level.

Contains data in the local currency of the organization to which it is associated.

Count the correct amount of local currency in front of the guest twice before handing the money over to the guest.

Chinese authorities have set a ceiling for individuals to convert foreign currency into local currency of $50, 000 a year.

b. Should foreign managers be evaluated in terms of parent currency or the local currency of the country in which the manager operates?

But all of these firms are subject to restrictions on their branch expansion, loan-to-deposit ratios and local-currency business.

Amid the chaos, it tried pegging the local currency, the krona, to a basket of currencies but abandoned that tack after barely a day.

These companies then repaid their governments in local currency, which could be used to fund infrastructure, for instance.

Mr Ostry and his colleagues point out that some prudential measures distinguish between local-currency and foreign-currency transactions.

But anyone doubting that it makes sense should look to Korea, Asia's biggest local-currency bond market as a percentage of GDP.

After two years, foreign banks would develop local currency business with Chinese enterprises.

Investor inflows have swelled the Pictet Asian Local Currency Debt mutual fund from $132 million a year ago to $1. 4 billion today.

Central banks issue local-currency bonds to 'mop up' the liquidity created when they buy dollars with newly created local currency.

They also welcome the easy access to local-currency loans in Nigeria, one of Africa's most developed capital markets.

This we are now able to deliver burnt basic bricks for the local Chinese market and in your local currency CNY "China Yuan Renminbi" .

If you had to pick a capital of China's local-currency private equity and initial public offering booms, it would likely be Shenzhen.

The small downside for the group is that the business is conducted in US dollars, as it lacks a licence to offer products in local currency.

The demand influence is an aspect, moreover the local currency depreciation and the financial backing influence are quite obvious.

When an Asian central bank buys dollars in exchange for local currency, the net result is an addition to the domestic money supply.

But the authorities must n't let the local currency get too strong because "we must keep the price of our goods and services competitive. "

Note: Currency conversion is performed from local currency to all currencies included in the chosen consolidation structure.

The bank credits the client's account with local currency equivalent, deducting 0. 75% conversion fee according to the par value.

While spreads have narrowed significantly, emerging market debt, particularly local currency bonds, remain attractive, he adds.

The won has already fallen by almost 40% against the dollar over the past year, swelling the local-currency value of its foreign debts.

Assume the prices you see are in local currency and try to spend your entire budget.

As it is, North Koreans need only look to the plunging value of their local currency to realise how fragile their situation is.

Border currency (unit): In a project, values measured in foreign exchange But denominated in the local currency.

Mr Booth believes buying local currency debt through a fund is "safer than treasuries and gold. "

Fees are usually payable in local currency and are subject to periodic review depending on exchange rate changes.

A more valuable yuan would put more money in the pockets of consumers by making imported goods cheaper in local currency terms.

Foreign investors hold a third of the local-currency debt issued by Indonesia, Korea, Malaysia, Mexico, Poland and Turkey.

In other places a net inflow of foreign funds can lead to both a rise in asset prices and a rise in the value of the local currency.

The sale of such transportation may be effected in both local currency and in freely convertible currencies.

The fee should be paid in United States dollars or local currency equivalent or by Bank draft, when you appear before the consular officer.

Larger institutional investors head to local currency sovereign debt, while medium-sized ones stay with dollar denominated debt, he says.

Establish necessary recordkeeping, replenishment timeframes and levels, and local currency availability.

The countries will also set up a $500 million guarantee for local currency corporate bonds issued within the region.

Taiwan and Thailand investors were taking a cautious approach, putting their money into funds focusing on local currency fixed income funds.

The local currency climbed to its highest level in more than a decade.

There is an option to limit data entry to local currency to ensure that data is not entered and stored in incorrect currencies.

The local currency is now largely replaced by U. S. dollars or South African rands .

South Korea posted the strongest net inflows of $29bn for the period, driven by a shift into local currency money market funds.

After a fall in the export price, you want the local currency to depreciate against the dollar.

We also substantially increased our advisory services and local currency financing capabilities in the region.

That makes this potentially less inflationary than simply injecting local currency directly as bank capital.

When economy reached some phrase, intensive economy growth is destined to cause local currency appreciation.

The "local currency" , Linden dollars, can be exchanged for real US currency.

Group projects range from community vegetable gardens to creating local currency in case the national one crashes.

Asian equities have had a splendid 2003, with local currency gains of about 35 per cent - and more in dollar terms.

Nix the traveler's checks unless you enjoy seemingly endless fees and difficulty exchanging them for local currency.

Investors also tend to believe the renminbi will appreciate [lessening the value of overseas investments in local currency terms].

Basically, the Fed lends dollars to foreign central banks in return for their local currency for a specific period.

It issued its first 20-year local-currency bond in 2006; its debut 30-year bonds followed a year later.

And after five year, foreign banks would develop local currency business with Chinese individuals.

Currencies not entered in the register of historical rates will be converted from local currency using closing or average rates.

Nevertheless, food prices in local currency soared in the year to December 2010 in countries like El Salvador, Venezuela, Iran and Morocco.

Internationally, our hotel business experienced gross travel bookings growth of 14%, or approximately 32% on a local currency basis.

We have enough local currency to exchange some money for you.

Issued for sale by the postal agency at shanghai, at their surcharged value in local currency.

Principal payments on local-currency mortgages are indexed to inflation, which is expected to be 20% this year.

It then mops up the renminbi by selling local currency bonds.

Investors wanting to insure against this risk should allocate to emerging local currency debt.

An ordinary toothbrush to 60 cents, or about the local currency 300 CFA francs (CFAF), but a toothbrush, is only 25 branches, or 50CFAF.

Local-currency bond markets in most Asian countries are tiny and unsophisticated (see table).

Do you know where I can exchange USD with local currency?

Bank of China was rewarded with a 23 per cent gain on its local-currency A-share debut.

Replacing the local currency with the dollar simplifies planning.

such as Standard Chartered to open branches and offer local currency services, though it might subject them to greater regulatory scrutiny.

Until recently, most banks could handle only limited local currency business.

One tool for fighting inflation is letting the Chinese yuan rise against the dollar, which lowers prices of imports in local-currency terms.

Thus it is local currency, not foreign "speculative money" that both causes and sustains local asset prices.

The user's local currency settings are used to format the currency.

Why did so many East Asian companies and banks borrow dollars, yen and Deutsche marks instead of local currency to finance their operation?

One reason is the ability of some sovereigns to issue more local-currency debt, tapping into domestic savings.

Honeywell now speculated that the local currency request was a result for the 20% advance payment clause.

We'll give you the change in local currency if that is all right.

In July, Fitch downgraded Vietnam's long-term foreign and local currency ratings.

Call and Java language support for discovering local currency codes.

The maps below show the price of a Big Mac, in local currency, across America and China.

Transferring all foreign-currency debt into local currency could cost 7% of GDP, the central bank reckons.

"Also, a more tangible benefit that they have, compared to the foreign investors, is that they do have local currency needs, " he adds.

Many European countries have two currencies in common use: the euro and the local currency.

Central banks absorb the dollars as reserves and issue local currency.

NOTE: You will pay in the local currency after your stay at the hotel.

S. dollars, politely decline and stick with the local currency.

In many countries, confidence in the local currency has been severely shaken .

Only 2 percent of emerging market local currency debt is benchmarked against existing indices.

He currently favours local currency bonds in Latin America and Asia.

"Local Currency" means the currency of the Country.

Most foreign buyers got a better bargain when the price is viewed from local currency. A European buyer saw a price drop of 8%.

Getting paid in the local currency can work out just fine, but be sure you're aware of the risks.

Today, 13 years later, they own one-quarter of outstanding local currency government bonds.

Settlement in local currency in the bilateral trade will be broadened.

Mr Booth estimates about 80 per cent of returns from local currency debt come from currency movement.

There is strong demand among investors for a dedicated fund in emerging markets local currency debt that is broadly diversified, said Klein.

In July, the FTSE Europe ex-UK index fell 1. 4% in local currency terms as Eurozone economic data pointed towards further weakness.

Total outstanding foreign- and local-currency lending was up by 27% year on year at end-March.

The tourist changed a traveler's cheque into local currency.

Ask the guest to double-check the amount of local currency.

Both countries agreed to expand local currency settlement, and the Chinese yuan will be traded on the Russian foreign exchange market soon.

Using local currency also should mean the funds can more speedily take advantage of investment opportunities in China.

Hence they sell the dollars and buy back their local currency.

We will give you the change in local currency if that is all right .

When you pay by card, you should be given the option of paying a bill in the local currency or in pounds.

This would increase the value of the local currency.

Metro gets about a quarter of sales from eastern Europe, where sales fell 0. 9 percent in local-currency terms.

A major obstacle to agricultural expansion in recent years has been the rise in the local currency, the Real.

LVMH on Tuesday reported nine-month Asian revenues, in local currency, up 27 per cent.

Earlier this year Peru was able to issue 300m soles ($105. 2m) of 32-year local-currency bonds.

By 2008 some 85 per cent of emerging market international bond issues were denominated in local currency.

All shipping charges are quoted in your local currency.

credit card transactions are limited to usd 5 , 000 declared value or local currency equivalent.

This year, they have seen fit to increase credit in local currency by more than 160 per cent.

The British teachers in China were paid in the local currency.

The first column of the table shows local-currency prices of a Big Mac.

In December, local currency bank loans rose 18. 76 per cent after rising 16 per cent in November, well above the trend in recent months.

The local currency you withdraw from ATM is cashed in at the exchange rate of the day you withdraw it.

Morgan Stanley calculates the Chinese export contraction, measured in local currency, is around 10 per cent.

In local currency terms, revenue grew 91% year-over-year.

It is equally important to develop Africa's local currency bond markets.

Local authorities would have to be able to freely sell yuan for Hong Kong dollars should the local currency come under attack.

The ADB is doing its part, having raised local currency bonds in China, the Philippines, Thailand and Malaysia.

"We recognise the appeal of local currency funds in countries such as China and will try to be as local as we can, " Mr Rubenstein said.

Local currency bank credit has risen 164 per cent this year.

The local currency is US dollar.

The reserves build up when the government buys foreign exchange earned by Chinese companies, which is swapped for local currency.

The reserves build up when the government buys foreign exchange earned by Chinese companies, which is swapped for local currency.

China has led the development of the local currency bond markets in emerging east Asia.

We may at our discretion, accept payment in another currency due to, for example, the non-convertibility of local currency .

Bank of Taiwan 5 dollar "local currency" specimen note issue of 1916.

In local currency terms, Korean exports rose 23. 6 per cent in February.

EcoCard gives you the ability to purchase Casino credits in your own country, using your local currency.

Even in local currency terms, the inflation rate was 7. 2%.

Now that the local currency is trading at 1. 6 per dollar, she imports about 60 per cent.

You can almost always find an ATM, and they will dispense cash in the local currency.

In local-currency terms, the return was merely 4. 3%.

In local-currency terms, the return was merely 4. 3%.

Another crisis caused, for example, by Europe's debt problems could send local-currency bond prices plummeting.

The MSCI Pacific ex Japan index rose 0. 7% in USD but 0. 2% in local currency terms.

I am sure you will need some cash in local currency.

Over the past 20 years, by contrast, the return was 7. 8% in dollar terms and 7. 1% in local-currency terms.

Alas, as talks dragged on, the valuation gap between CEA's local currency A-shares and Hong Kong-listed H-shares ballooned.

The attractions of, say, Hong Kong stocks pale when contrasted to the domestic market, up 48 per cent this year in local-currency terms.

Data source: Bloomberg, local currency unless otherwise stated.

The issue of local currency was however resumed by the Hong Kong Government and the authorized local banks after the liberation.

phase in a cooperation mechanism on inter-bank local currency clearing and promote bilateral local currency settlement;

phase in a cooperation mechanism on inter-bank local currency clearing and promote bilateral local currency settlement;

"Foreign Currency" means a currency in which part (or all) of the Contract Price is payable, but not the Local Currency

the issue and investment among local currency bond markets faces the deficiency and insufficient in liquidity and opening degree;

Quotation (i. E. , Amount of local currency required to purchase one unit of foreign currency)

For fees in local currency, you should check with the visa office responsible for your area

increase local currency swap and encourage the quoting of RMB and ASEAN currencies in each other's inter-bank foreign exchange markets;

The local currency can be identified by either

Market Vectors Emerging Markets Local Currency Bond

The Local Currency and Financial Transition in Modern Jiangxi

allowing a devaluation of the local currency

allowing a devaluation of the local currency

Gross National Income (local currency)

Amount of penalty in local currency

Project budget in local currency

The Development of East Asian Local Currency Bond Market and Its Influence to China's Bond Market

branches in Hong Kong and Macao may be issued in accordance with local laws or participating agency issuing the local currency;

Branches in Hong Kong and Macao in accordance with local laws and agency may be issued or issued in the local currency;