foreign currency

Purchasing foreign currency This man is purchasing foreign currencies with a pile of money in his hands.

The ratio of the Renminbi deposit reserve shall be worked out in the same way as that of the foreign currency reserve.

Spread - The difference between the buying (bid) rate and the selling (offer) rate of any foreign currency for any particular period.

But that will be almost entirely offset by an official outflow, in the form of foreign currency reserves, of close to $600bn.

As the bank manager, I can help you to go through the procedure for foreign currency deposit.

Higher-ranked citizens can enter the department stores for foreigners and senior officials, although foreign currency is often required.

No matter how much a government may tax its economy, there is a problem turning the money into foreign currency.

It is usually the bank's duty to insure that receipts and payments of foreign currency are generated by valid legal transactions.

On Tuesday Dagong repeated the trick, downgrading the local and foreign currency credit rating for the U. S. to A with a negative outlook.

The USD was no longer the only foreign currency around which RMB exchange rate stuck. There is a more flexible system of RMB exchange rate.

highlighted foreign-currency mortgages as the sort of danger that the newly formed European Systemic Risk Board would be looking for.

Years of boom, buoyed by cheap foreign-currency loans and a currency pegged to the euro, have turned to a spectacular bust.

Thus three-quarters of all the foreign currency reserves accumulated since the beginning of time have been piled up in this decade.

South Korea on Sunday took its biggest steps yet to deal with growing problems facing banks and business trying to obtain foreign currency.

Or you could simply park some of your money in a U. S. bank account that offers foreign currency investments.

Presently, China ranks among the top destinations in the world in terms of both tourist arrivals and foreign currency receipts.

As for state and collective enterprises, it is only limited to such items as are connected with the bank's foreign currency loans to them.

The PBoC said the IMF should also manage a portion of its member countries foreign currency reserves.

In opening an account of C-type foreign currency deposits, the depositor shall present his or her ID card or other valid credentials.

Capital flooded out of eastern Europe, starving the region of foreign currency and plunging it into a severe crisis.

Each Bid or Ask Price shall be for a Spot Contract with a specified Date and for a specific Foreign Currency pair.

The bank was banned from participating in government bond auctions and from accepting foreign currency deposits from new customers.

In particular, Beijing had been under pressure to make a sizeable contribution to the IMF from its huge foreign currency reserves.

Consider the case of Israel, which in the face of the economic crisis engaged in massive foreign currency intervention to weaken the shekel.

Reserves need to be large enough to draw upon if foreign-currency financing suddenly dries up, and to ensure that trade flows smoothly.

The lack of foreign currency, he said, was also having its impact internally.

Ministry of Foreign Affairs news Web site a few days ago to remind Chinese citizens to declare foreign currency in cash Ethiopia airport.

At the time, China had relatively low foreign-currency reserves and no expertise in building such a complex dam.

There is however no such a limit to its purchase of foreign currency bonds issued by Chinese financial institutions.

The effects of disposal of any overseas business on the balance arising from the translation of foreign currency financial statements.

She was just urging my mother to hurry up and buy foreign currency. It seems women are all good schemers.

As the stock of foreign currency accumulates, speculation on an appreciation rises, making it ever more costly to hold the currency down.

How much foreign currency do you take when you go abroad?

Foreign currency statement translation is one of the most vexing and controversial technical issues in the international accounting.

The registered capital of a foreign-funded company shall be denominated in RMB, or in a freely convertible foreign currency.

China's foreign currency reserves have grown at such a fast past to their favorable balance of trade with the rest of the world.

Besides, enterprises or other organizations could settle the business trip expenses through their corporate foreign currency bank account.

If you travel overseas, to run ahead of passports, visas, health certificates, as well as a good foreign currency exchange.

For our importers, when an exporter asks to receive payment for a trade in a foreign currency, it poses as a possible risk also.

method, the rates are quoted in terms of a variable number or home currency per fixed foreign currency unit.

Asian governments have also been prepared to accumulate foreign currency reserves at an amazing rate.

However, a foreign currency may be used as the bookkeeping base currency upon mutual agreement of the participants of a joint venture.

The gains from competitiveness would not be immediate, whereas the burden of foreign-currency debt will rise straightaway.

How much foreign currency are you carrying?

This account allows you to deposit US dollars you brought in from overseas or transferred into the foreign currency notes account .

Commercial agriculture, which had earned about 50% of Zimbabwe's foreign currency, collapsed.

Both its tourism revenues and foreign currency take up one fourth of the national tourism revenues and of the national currency revenues.

IB has advised me that spot bullion, foreign currency trading is highly speculative and carries serious financial risk.

of the total , a notable rise in non - us dollar foreign currency deposits more than offset a decline in us dollar deposits.

The convertion of foreign currency statements is one of the difficult problems of financial accounting.

The Asians decided to choose competitive exchange rates, export-led growth and huge accumulations of foreign currency reserves.

The SNB will enforce this minimum rate with the utmost determination and is prepared to buy foreign currency in unlimited quantities.

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

The singular risk to this view would be some further major illiquidity or foreign-currency events leading to a depressionary spiral.

Mr Mugabe, sycophant-surrounded and with his own foreign-currency wallet, is short of neither bread nor baubles, and may do the same.

Sorry, we don't accept foreign currency. Please exchange for RMB at the bank.

The traditional purpose of these reserves is to pay for imports and other transactions that need foreign currency.

The value of the ruble has fallen by a third since September, and Moscow is blowing through foreign currency reserves to prop it up.

How much foreign currency do you have?

This makes them more like capital controls since most foreign-currency liabilities are likely to be owed to foreigners.

The People's Bank of China may adjust the workdays and running time of the foreign currency payment system in light of the actual situation.

Here the exporter's assets (the money due from the overseas buyer) will always match his liability (his foreign currency borrowings) .

The decrease in foreign currency assets was mainly due to a decrease in the amount of repurchase agreements outstanding.

At present, only state-owned Chinese banks and a handful of foreign banks can buy and sell foreign currency from Chinese retail customers.

China has accumulated more than $3 trillion in foreign currency reserves, far more than any other nation.

Hungary already secured a 5 billion euros loan from the European Central Bank to help its own banks raise foreign-currency funds.

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

Since the Chinese seem willing to accumulate foreign currency reserves without limit, the leverage of its partners is limited.

This will prevent significant liquidity to be provided to licensed banks against paper not backed by foreign currency reserves.

The second is to prop up the banks responsible for the foreign-currency loans that are going bad.

In the presence of exchange controls, it would also be difficult for companies to hedge foreign currency risk.

foreign currency devaluation of the currency appreciation, exports and imports to increase, resulting in a deficit.

A simple way to establish a foreign currency position is through one of the dozens of exchange-traded funds devoted to currencies.

The Icelandic government has introduced emergency measures to try to limit the outflow of foreign currency to protect the faltering krona.

When it involves foreign currency transaction, SAP can deal with the involved exchange gains and losses of foreign currencies automatically.

Populist politics, poor fiscal management, a reliance on foreign-currency borrowing and fixed exchange rates were a magnet for trouble.

Third, this natural adjustment continues to be thwarted by the build-up of foreign currency reserves, .

China's trade surplus is the main driver of foreign-exchange reserves, as the central bank buys foreign currency brought home by exporters.

Foreign-currency borrowing, 95% of it in Swiss francs, accounts for over two-thirds of total lending.

When traveling abroad, you will need a passport for identification when exchanging dollars for francs or marks or other foreign currency.

Anecdotal evidence suggests commercial banks may be meeting PBoC reserve requirements by accumulating foreign currency.

Our effective tax rate can vary significantly between quarters and fiscal years as a result of foreign currency fluctuations.

immediately convert the Renminbi into foreign currency at a foreign exchange bank, subject to the availability of foreign exchange.

With large foreign currency reserves, Beijing is eager to befriend EU members and persuade them to open up markets more to Chinese exports.

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

First, foreign currency reserves proved their worth during the crisis, which left emerging economies surprisingly unaffected.

Comprehensive understanding of government Foreign currency and banking regulations, holder of certified foreign currency verifier.

Still, for most households without access to foreign currency, basic necessities remain out of reach.

It's true that the domestic central bank takes ownership of foreign currency, but only the domestic currency circulates domestically.

Tourism, which accounted for a good 5% of GDP in 2010 and was a key source of foreign currency, has evaporated.

Zoltan Kovacs, Fidesz's communications minister, says that foreign-currency debt is now a strategic issue.

Please make a record of how much foreign currency you have.

If they accumulate foreign currency reserves at the current rate, that could rise five-fold in the next decade.

All overseas business trip expenses can be settled either by purchasing foreign currency from bank or personal foreign currency.

The increase in foreign currency assets in the Land Fund reflects investment related purchases.

The fifth part expresses the differences of the foreign currency conversion between the America and China.

The forward rate is the rate quoted for the delivery of foreign currency at a predetermined future date.

It also stored up political trouble when the central bank's purchases of foreign currency led to paper losses as the franc kept rising.

A TIC engaged in foreign exchange business shall have foreign currency of no less than USD 15 million in its registered capital.

The minimum amount of deposit is the foreign currency with a value not less than the equivalent of 50 RMB yuan.

Small investors are diving into foreign-currency trading at a time when it never has been riskier.

To ensure that the Foreign Currency Exchange service is performed in an efficient and accurate manner.

Firstly, the strength of the RMB originated from the current account surplus is a great opportunity to build up foreign currency reserves.

So Zhou and his team will probably have to continue to absorb huge amounts of foreign currency and then reinvest that money into U.

This resulted in the freezing of North Korean funds worth $24m, not a paltry sum for a country desperately short of foreign currency.

The weak krona, meanwhile, has increased the cost of repaying government bonds that were issued in foreign currency.

I'm sorry, but we are not allowed to accept foreign currency. Please go to the bank and change it into yen, please.

North Korean and foreign businessmen dealing with Pyongyang say sanctions have shut down the regime's ability to earn foreign currency.

Foreign-currency funding is also preferred by a growing number of Chinese companies seeking acquisitions abroad.

If you bring foreign currency with you, you should fill in the foreign currency declaration form.

Contributions to the Bank's share capital were originally made in RUR, foreign currency and gold bullion.

In 2006 China shocked the world by adding $247bn to what was already the largest hoard of foreign currency reserves.

Yet in January he reluctantly imposed reserve requirements on foreign-currency derivatives to cool speculative buying of the shekel.

On the banking front, the change of policy may have implications for foreign currency liquidity management for the commercial banks.

The thesis discuss the concept, using and function of Foreign currency options exchange, and propose implementation of RMB options exchange.

Article 9 An enterprise shall translate the amount of a foreign currency transaction into its functional currency .

The increase in foreign currency assets was partly due to revaluation effects on foreign currency investments.

Appropriately relax the limitation on transfers between foreign currency accounts of the same resident individual.

Like other impoverished governments in sub-Saharan Africa, Zambian officials have welcomed Chinese companies and their foreign currency.

The "foreign currency" refers to a currency other than the functional currency of an enterprise.

Responsible for revenue & expenditure accounting and financial treatment of foreign currency transaction.

"Without this foreign currency in the system, everything will be stuck, " said a Singapore-based Burmese trader.

The registered capital can be presented either in RMB or in one freely convertible foreign currency agreed upon by all parties.

Importing goods and services correspondingly tends to cause the home currency to be sold in order to buy foreign currency.

payment instruments denominated in foreign currency, including bills, bank certificate of deposit and certificate of postal deposit etc.

Austrian banks have, in recent years, been enthusiastically peddling risky foreign-currency mortgages at home and abroad.

Effectively, each party is given the use of an amount of foreign currency for a specific time.

At the same time , the US dollar has strengthened, further enhancing the rate of investment return in foreign currency terms .

In other world, it's the rate of exchange of foreign currency that makes our price seem so unfavorable.

The government is now studying a proposal to use the IIFC to channel some of India's foreign currency reserves into infrastructure.

Google also spent more to hedge foreign currency exposure, as more than half of its revenue now comes from abroad.

Eurobank A financial institution that readily accepts foreign currency denominated deposits and makes foreign currency loans.

Foreign-currency mortgages (taken out by two households in every three) are to be banned.

To give or receive the equivalent of (money) in lower denominations or in foreign currency.

The Central Intelligence Agency estimates that weapons sales bring in roughly one-fourth of the foreign currency earned by Moscow.

A participant shall check the fund for the foreign currency payment business initiated by its intra-bank business system initiating bank.

Currency to pay for the commission received by the customer to pay foreign currency shall prevail.

This then led to the huge accumulations of foreign currency reserves that helped to drive the current crisis.

May I ask a question about this foreign currency bill?

It's a deep belief that the issuer of the reserve currency and one without foreign-currency debt will always make its payments.

Valuation effects accounted for part of the increase in non-US dollar foreign currency deposits.

According to the Central Bank of Sri Lanka, the Indian rupee is not among the 13 other foreign currency transactions permitted in Sri Lanka.

I could just about understand foreign currency borrowings in euros, since Hungary will eventually join the eurozone.

Check payment documents and expense reports, arrange cash or bank payment and reimbursement, including foreign currency trading.

He was charged with violating immigration laws, possessing a fake national identity card and carrying undeclared foreign currency.

Interest rate is the national currency price and exchange rate is the foreign currency price expressed by the national currency.

Foreign currency translation differences statements.

Either way, governments end up with vast foreign currency assets as the counterpart of domestic excess savings.

The United States accused Room 39 of selling military technology to obtain foreign currency, which North Korea denied.

China Merchants Bank said its foreign currency investments, the business is relatively small, but always taken a robust style.

And controls on capital outflows prevent sound investments abroad, resulting in large and dangerous piles of foreign-currency reserves.

We provide our customers with services of foreign currency exchange , customs declaration , shipping and insurance .

The foreign currency monetary items shall be translated at the spot exchange rate on the balance sheet date.

Mr Mantega habitually refers to foreign "currency manipulators" as the source of Brazilian industrialists' woes.

He also points out that China's vast foreign currency reserves are not the spare cash people might imagine.

The flood of foreign-currency borrowing destabilised their economies and left them vulnerable when Western banks reduced lending.

China has also surpassed Japan in having the biggest trade surplus and foreign currency reserves, as well as the highest steel production.

The slight fall in foreign currency deposits was due to decreases in both US dollar and non-US dollar foreign currency deposits.

Many of the latter have made an immense and costly effort to reduce vulnerability by accumulating foreign currency reserves (see chart).

To avoid the IMF's ruinous rules, governments would build their own defences against adversity by accumulating reserves of foreign currency.

But dizzy current-account deficits, wild foreign-currency borrowing and reckless fiscal policy are leaving a horrible hangover for some.

The context was the fevered talk about whether China might rescue the eurozone by dipping into its $3, 000bn of foreign currency reserves.

The increasing trend of foreign currency assets determines the continuance of Central Bank Bill as debt replacement instrument.

Joint ventures shall not pay foreign currency or foreign exchange certificate to the aforesaid establishments.

Why? Mercantilist thinking may play a role, especially in China, which may view its huge foreign currency reserves as a form of security.

Preparing bank documentation for RMB and USD payments, proficiency in foreign currency exchange transaction.

the Bank' s share capital were originally made in RUR, foreign currency and gold bullion.

The key vulnerability arose as banks and corporations in the region took on too much short-term, foreign currency external debt.

The rumor-mongers on the foreign currency market and stock market are often very active before the financial storm erupted.

Fifth chapter supervision and control of foreign currency caution money business go along summarize description.

Where any domestic company purchases or trades stocks in any foreign currency, it shall not be governed by the present Measures.

Imports are financed by exports, which help to gain foreign currency to import the badly needed raw materials, technology and equipment.

Second chapters are the foreign currency caution money business main body market access.

I understand that exchange rate is the value of one unit of a foreign currency expressed in another currency.

This gave rise to artful and elaborate ways to disguise such profit-making, including foreign currency deals and triangular trading.

It also implemented capital controls and cut reserve requirements for banks' foreign currency liabilities.

Responsible for daily business, special audit and government annual check of foreign currency transaction.

Eurozone nations issue debt in a "foreign" currency, over which they have no real control.

Having cut its rates to zero, the Swiss National Bank has bought foreign currency to drive down the Swiss franc.

However payment of bills in foreign currency shall be optional and at the discretion of the foreign visitors making their payment.

Clip the foreign currency to the above voucher for cashier audit at the end of the shift.

Our overseas operations make Cathay Pacific one of Hong Kongs biggest earners of foreign currency .

First, a simple rule of investing that has always served me well: Never short a country with $2 trillion in foreign currency reserves.

Capital controls on the mainland mandate that these private loans are denominated in foreign currency and reside offshore.

Henceforth, the announcement of the foreign currency figure will be on a consolidated basis using the assets of the enlarged Exchange Fund.

Including foreign currency exchange difference for the period concerned.

This caused firms' foreign-currency debts to swell in local terms, resulting in widespread bankruptcies and bank failures.

Exchange differences arising from translation of foreign currency financial.

Demand imbalances distort investments and create mountains of foreign currency reserves.

Their external liabilities are no longer dominated by foreign currency debt.

The drop in oil prices is eroding the Kremlin's ability to replenish its gold and foreign-currency reserves just when it needs them most.

To keep a lid on the illegal cash transfers, China restricts cross-border money transfers and places limits on foreign currency exchange.

At present, a considerable amount of domestic banks' foreign currency savings is deposited abroad.

And best calculation accurate some oneself journey cost, otherwise no shortage of foreign currency changed back into RMB a cost.

The exploitation of non-metallic minerals develops very fast, which has become a main industry to export for earning foreign currency.

In January it leant on megabanks to ease life for thousands of small firms stung by losses on foreign-currency derivatives.

The central bank does not allow banks to borrow in foreign currency and then lend in pesos, for instance.

Western banks had lent recklessly in foreign currency to firms and households stricken by the downturn.

In Hungary and Romania, among other countries, mismatched foreign currency borrowing has wrought the same damage it did in Asia.

A person, firm or bank may apply to an Authorized Dealer for remittances in any foreign currency to a beneficiary abroad.

To mitigate that risk, these countries eschew short-term debt and keep debt ratios low; some build up huge war chests of foreign currency.

Transfers of foreign currency into the PRC shall be free from any restriction and taxes.

Note: Refer to RMB and foreign currency businesses operated by domestic and foreign financial institutions.

The large foreign currency reserves provide Asian governments with funds to boost their flagging economies.

Lack of foreign currency after the collapse of the tourist industry has caused the latest fuel shortage.

It's unavoidable to handle the foreign currency translation, Exchange gains and losses in foreign bank's daily accounting job.

Government policies that encourage exports and trade surpluses have pushed China's foreign-currency reserves to more than $3 trillion.

The hedge of foreign currency items shall be subject to the Accounting Standards for Enterprise No. 24 - Hedging; and.

It starts from the changes in the foreign currency reserve scale, and analyze the reasons of the reserve growth.

South Korea views its banks' difficulties with meeting short-term foreign currency debt payments as its Achilles heel.

Usually, a central bank will conduct open market operations by buying short-term government bonds or foreign currency.

Exotic foreign-currency products sold to retail investors reinforce the currency's upward trajectory.

Gulf War, the pre-war situation in a slightly tense, the dollar rose in foreign currency on the crash.

Article 32 These Measures are not applicable to the issue of foreign currency debentures overseas by foreign-capital financial institutions.

The contraction in foreign currency deposits reflected largely a fall in non-US dollar foreign currency deposits.

A decade ago, only Russians who earned foreign currency salaries, or had their own businesses, could afford the luxuries of life.

It is now simpler, for example, for individuals to open foreign-currency bank accounts, and for travellers to get hold of foreign exchange.

To monitor related foreign currency movement and company's FX exposure, suggest the proper hedging plan to Treasury.

Iran's foreign-currency reserves, he insists without revealing figures, can keep the rial steady for years to come.

The Federal Reserve is not purchasing foreign currency, but domestic bonds.

In Hungary, almost every mortgage is a foreign currency mortgage, mostly denominated in Swiss francs.

China has nearly $2 trillion in foreign currency reserves and has been under pressure to allow its own currency to appreciate.

Foreign Currency Exchange: School Fees are quoted in RMB, but such fees may be paid in either RMB or in USD.

Yet even under normal circumstances people here favor foreign currency for major transactions.

Describe supply and demand in the market for loanable funds and the market for foreign-currency exchange. How are these markets linked?

Poland's stodgy banks came late to the wild foreign-currency lending that proved so disastrous in such countries as Latvia and Hungary.

The increase in foreign currency assets was due mainly to valuation gains and investment income.

China's foreign currency reserves amount to $2, 000 per Chinese resident, equivalent to a third of the country's per capita income.

With Chinese companies ramping up their overseas acquisitions, the ability to raise foreign-currency debt will be useful.

The country depends on oil and gas for more than 90 per cent of its foreign currency earnings.

The dwindling reserves prompted Standard & Poor's to lower Belarus's long-term foreign currency rating last month.

The key concern for Chinese policymakers is the impact of foreign-currency inflows on domestic inflation.

Familiar with enterprise's banking business and procedure. Have knowledge of foreign currency settlement policy & regulation.

Foreign currency paid to our US located Medical Doctors, Laboratories and Hospitals by foreigners improves our foreign trade balance.

In most east Asian economies the ratio of reserves to short-term foreign currency debt is four or five to one.

Foreign currency assets and liabilities translated at current exchange rates.

Foreign currency management , include the hedging of foreign currency items .

The reform of the foreign currency exchange system needs further deepening.

SHK, which manages more than HK$50bn, courts wealthy mainland investors who can invest outside China using foreign currency.

Central banks tend to keep most of their foreign-currency holdings in safe and frequently traded government bonds.

Mr Lee acknowledged that Seoul, which has the sixth-biggest foreign currency reserves, was anxious about its US Treasury holdings.

Yes , that's true . Please fill out this request for foreign currency . On the purpose line , just indicate travel.

In order to keep its value, grandpa once exchanged all the money at home for foreign currency.

Foreign currency can be bought and sold on foreign exchange markets.

And while foreign currency deals still dominate by value, local funds are wresting the initiative by volume.

The U. S. got an AA rating for both local and foreign currency debt.

Responsible for all the payments including RMB and foreign currency Payment.

Are your financial statements prepared in a foreign currency?

Foreign entities own half of America's publicly traded debt; more than $900bn in foreign currency reserves are held by China alone.

The economy was also protected by large foreign currency reserves.