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Not exact matches
The IMF also estimates that consumer prices will climb by an astronomical 13,000 percent this year due to the monetary financing
of large fiscal deficits and the loss
of confidence
in the
country's
currency.
And while Macdonald did not look into it, other studies have pointed to another major influence China has had lately on many
countries, including Canada: how its high savings rate and mounting foreign
currency reserves, much
of it invested
in benchmark U.S. government debt, have depressed interest rates around the world.
Higher U.S. yields can put pressure on the
currencies of emerging market
countries that run current account deficits such as Indonesia and India, said Satoshi Okagawa, senior global markets analyst for Sumitomo Mitsui Banking Corporation
in Singapore.
SAN FRANCISCO — Last year, representatives
of 25
countries met
in Tokyo to work on setting international standards for the blockchain, the technology that was introduced by the virtual
currency Bitcoin and has ignited intense interest
in corporate and government circles.
Further, China's devaluation
of its
currency, the renminbi,
in August and imposition
of investment restrictions made people
in the
country — which has long vied with India as the top physical gold market — less able to buy gold.
Moscovici made much
of the fact that for the first time since the euro was born
in 1999, no
country in 2018 will have a budget deficit over 3 percent
of annual GDP — a key limit that governs the single
currency and which has been flouted by many
countries.
The
country was frustrated after two decades
of economic turmoil, and Abe argued much
of that blame lay
in an inflated
currency that was crippling Japan's industry.
The Swedish crown hit a six - day high after the
country's central bank said it saw an interest rate hike coming
in the second half
of the year, but the
currency quickly gave up those gains.
In view of this, it is puzzling that these countries complained about «currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their currencies, when, in fact, the real and the rupeewere falling against the dollar and the eur
In view
of this, it is puzzling that these
countries complained about «
currency wars,» alleging that the «monetary tsunami» unleashed by the U.S. and the euro area was threatening their competitive positions by pulling up their
currencies, when,
in fact, the real and the rupeewere falling against the dollar and the eur
in fact, the real and the rupeewere falling against the dollar and the euro.
A
country's trade balance typically worsens after the depreciation
of its
currency before any subsequent rise
in exports.
We ship to 129
countries — now any
of them can pay
in any
of these
currencies and have goods shipped there,» he said.
In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height
in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
in 2008, a can
of Coca - Cola that cost ZIM$ 50 billion
in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrie
in the morning would cost ZIM$ 150 billion at the close
of business on the same day — that it abandoned its own
currency in 2009 in favor of currency from other, more stable countrie
in 2009
in favor of currency from other, more stable countrie
in favor
of currency from other, more stable
countries.
The dollar rallied as much as 2.5 % against South Africa's rand to 13.613, its highest since early February, after President Jacob Zuma fired finance minister Pravin Gordhan
in a cabinet reshuffle following days
of speculation that has rocked the
country's markets and
currency.
You will definitely want to show up with some
of that
country's
currency in hand for immediate needs (like taking a cab from the airport or buying a subway pass, for example).
Malaysia's shares and
currency have been hit with a toxic brew
of declines
in the prices
of its commodity exports, especially palm oil and crude oil, as well as what may be the
country's worst - ever political scandal, which has spurred protests calling for the removal
of the prime minister from power.
In effect, these countries filed false prospectuses; they fluffed up their assets, disguised the liabilities in their pension and benefit schemes, and managed to adopt the euro at a rate of exchange that exaggerated the value of their currencie
In effect, these
countries filed false prospectuses; they fluffed up their assets, disguised the liabilities
in their pension and benefit schemes, and managed to adopt the euro at a rate of exchange that exaggerated the value of their currencie
in their pension and benefit schemes, and managed to adopt the euro at a rate
of exchange that exaggerated the value
of their
currencies.
«I've heard stories
of companies hedging their bets with some
of the eurozone economies,» Langrish says, explaining that some have set up accounts to pay their employees
in euros should their home
country exit the eurozone and reintroduce its old
currency.
Another powerful motive for many
in the southern
countries, Greece, Italy, Spain, Portugal,
countries that had never
in their very long histories had a hard
currency, was to exploit the desire
of the Germans, and the permanent EU civil service, for a larger, closer Europe, by signing into the euro, acquiring for the first time a hard
currency, that they confidently expected Germany to finance.
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign
currency exchange rates, levels
of end market demand
in construction and
in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including
in connection with the proposed acquisition
of Rockwell; (7) delays and disruption
in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes
in political conditions
in the U.S. and other
countries in which United Technologies and Rockwell Collins operate, including the effect
of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and
currency exchange rates
in the near term and beyond; (16) the effect
of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other
countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation
of their businesses while the merger agreement is
in effect; (21) risks relating to the value
of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The scant regulation early
in the
country's life, and the wide variety
of paper
currencies in circulation via private banks and other state - chartered companies like insurance vendors and railroads, meant a free - for - all for any enterprising soul with a flair for forgery.
It noted that trading prices
of most virtual
currencies were much higher on South Korean exchanges than they were on exchanges
in other
countries, although it did not provide specific examples.
Venezuela launches a new oil - backed digital
currency Tuesday,
in a move the government hopes will help pull the
country out
of a deepening economic crisis.
Users
of digital
currency bitcoin more than doubled
in the Philippines
in the first half
of last year from a year earlier, Espenilla said, while bitcoin transactions purportedly passing through registered companies
in the
country range from $ 2 million to $ 3 million per month based on available estimates.
In a country that depends overwhelmingly on oil exports for hard currency, Dos Santos had made fortunes in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 201
In a
country that depends overwhelmingly on oil exports for hard
currency, Dos Santos had made fortunes
in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head of Sonangol in 201
in mobile telecoms and supermarkets, benefiting — her critics say — from family connections, before being appointed head
of Sonangol
in 201
in 2016.
As Deutsche Bank strategist George Saravelos notes, the only
countries in the Western world with higher rates are Australia and New Zealand, neither
of whose
currencies are needed on a day - to - day basis by anyone else.
In many cases, the best way to manage monthly transfers from the old
country is to contact a
currency trading firm such as Custom House (www.customhouse.com) or the
currency trading arm
of a bank.
A friend and I spent 10 days visiting four different
countries in Europe — and since some
of them were outside
of the Euro zone, that meant that we'd be using three different
currencies.
In the past few weeks, though, the focus
of the worry has quickly turned from domestic to international, with
countries from India and Indonesia to Brazil hit by massive capital outflows and rapid
currency depreciation.
Because Le Petit Ballon operates
in four
countries, Thibault is concerned about what could happen to the value
of France's
currency — that is, if the
country returns to the franc.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth
in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures
in European
countries that may increase the amount
of discount required on Gilead's products; an increase
in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift
in payer mix to more highly discounted payer segments and geographic regions and decreases
in treatment duration; availability
of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations
in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations
in Gilead's earnings; market share and price erosion caused by the introduction
of generic versions
of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect
of lowering prices or reducing the number
of insured patients; the possibility
of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials
in its currently anticipated timeframes; the levels
of inventory held by wholesalers and retailers which may cause fluctuations
in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits
of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates
in the timelines currently anticipated; Gilead's ability to receive regulatory approvals
in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages
of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development
of Gilead's product candidates, including GS - 9620 and Yescarta
in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes
in its stock price, corporate or other market conditions; fluctuations
in the foreign exchange rate
of the U.S. dollar that may cause an unfavorable foreign
currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time
in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
With extended operating hours
in some
countries and access to domestic payments systems being on a real - time gross basis, payments by banks
in different
currencies into and out
of the special purpose bank would be made with finality on a continuous basis.
While discussing Russian interest
in that token, Olga Skorobogatova, the first deputy governor
of Russia's Central Bank, said that «the [issuance]
of a virtual
currency is not needed much by one
country.»
That same day, LINE Corporation, the company behind the LINE messaging app, which is one
of the most widely used
in several Asian
countries, revealed plans to integrate a new range
of «financial services, including a place to exchange and transact virtual
currencies, loans, and insurance,» into the app itself.
Other executives, including International Monetary Fund chief Christine Lagarde, say virtual
currencies should not be dismissed and could have useful applications, such as a means
of payment
in countries with unstable
currencies.
The Australian Accounting Standards Board (AASB) has published two papers that will be discussed by members during the upcoming meeting
of the Accounting Standards Advisory Forum (ASAF) at the IASB's offices
in London on 8 and 9 December 2016: one on digital
currency and one on
country - by -
country reporting.
That's because Bitcoin and other virtual
currencies are decentralized systems with no one
in charge, while the Russian and Venezuelan plans would give the leaders
of both
countries a measure
of control over the new
currencies.
A unified fiat
currency for all Gulf Cooperation Council
countries had been discussed before, but the UAE pulled out
of that project
in 2009.
One particular point I want to highlight is the need for central bankers to be aware
of the risks that their banks and corporations are taking
in regard to foreign
currency exposures, as these can be a major source
of financial vulnerability for a
country.
FinCEN's regulations define
currency (also referred to as «real»
currency) as «the coin and paper money
of the United States or
of any other
country that [i] is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium
of exchange
in the
country of issuance.»
A surprise shift Tuesday
in how the People's Bank
of China (PBOC) fixes the
currency initially sparked fears that Chinese leaders were concerned about the
country's growth prospects and dragged down global markets.
The terms
of trade is influenced by the exchange rate because a rise
in the value
of a
country's
currency lowers the domestic prices for its imports but does not directly affect the commodities it produces (i.e. its exports).
However, the bipartisan introduction
of H.R. 835 at a time when the
country is
in the midst
of a polarized presidential election, can signal legislators on both sides
of the aisle to believe that federal regulation
of virtual
currency and blockchain technology is necessary to ensure that consumers obtain the full benefit
of these innovations.
A reform to Venezuela's central bank law will allow the
country to hold international reserves
in a broader range
of currencies than before as well as
in diamonds and precious metals.
You make the classic argument that the benefits
of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline
in other sectors — otherwise they wouldn't be generating enough demand to result
in an increase
in the
country's
currency.
The most obvious impact on emerging market fixed income and
currencies may be felt
in countries with direct trade or financial linkages with the UK, although we also expect the rest
of EM to be affected via higher global risk - aversion.
The US dollar
in 2000 has risen against the
currencies of all other industrial
countries, although its rise against the yen has been relatively small.
Clients can access a network
of over 60
countries through Earthport's API, which facilitates near - instant and cost - effective transfers
in fiat
currencies.
We began investing
in the localization
of our service offerings
in markets outside
of the United States
in 2012 and as
of April 30, 2014 we offered localized products and Customer Care
in 37
countries, 44
currencies and 17 languages.
But Snaith warns that Trump's threats
of punitive tariffs on
countries engaging
in unfair trade practices or
currency manipulation could spark a trade war that would raise the risk
of a national recession.