Sentences with phrase «access to foreign exchange»

Historically, overseas investing was pretty much the private domain of institutional investors with access to foreign exchanges.

Skilled people will want to lobby the government for access to foreign exchange at the low fixed rate and then resell it on the black market for a fat profit.

Consequently, he disclosed that except for a few marketers, mostly the majors, who already have foreign affiliations, all other marketers have abandoned further importation of petrol until government finds a way around access to foreign exchange.

Okorafor further said the Bank had so far met all the legitimate demands from genuine customers, he reiterated that the CBN would ensure sustainable forex liquidity and transparency in the process to enable as many customers as possible get access to the foreign exchange they genuinely demand.

Canadian financial regulators, long held as the paragons of a light and wait - and - see approach to the Bitcoin economy, began to move towards a more active stance, and a particularly ominous passpge from the FINTRAC report even suggests that the agency can potentially «choke bitcoins oxygen (sic)» by denying Canadians access to the foreign exchange market.

Bloomberg reports that China is cracking down hard on cryptocurrency activity in the country by plotting to block domestic access to foreign exchanges and platforms that allow for centralized trading.

The NNPC, in its latest monthly report, said it remained the major importer of petroleum products, especially the PMS, in spite of liberalisation of petroleum products and government's intervention meant to ease marketers» access to foreign exchange.