Sentences with phrase «direct currency position»

Our direct currency positions have yielded $ 2.3 billion of pre-tax profits over the past five years, and in addition we have profited by holding bonds of U.S. companies that are denominated in other currencies.

Not exact matches

This net position in turn consisted of foreign currency asset holdings equivalent to about 20 per cent of GDP, with more than three - quarters of this in the form of equity investment (including direct investment by multinational companies in their offshore operations).

The currency could allow direct payments to artists and use smart contracts to automatically solve licensing issues, cutting out the profit - hungry middle men usually positioned between artists and their fans.