Sentences with phrase «domestic currency accounts»

Not exact matches

What is more, when large countries, like Japan in the 1980s or China in the 2000s, try to generate very rapid domestic growth by repressing domestic interest rates and undervaluing the currency, because of the resulting surge in their reserve accumulation, their soaring current account deficit must be balanced by a soaring US current account surplus, which exacerbates the Triffin Dilemma significantly.

So when you take this foreign response into account, the Bernanke - Obama strategy involves turning the dollar into a pariah currency, shredding the domestic economy rather than draining foreign economies.

International markets entail different risks than those typically associated with domestic markets, including foreign currency fluctuation, political and economic instability, accounting changes and foreign taxation.

What is more, three decades of financial repression and an undervalued currency have left Chinese economic entities heavily reliant on debt to fuel growth and heavily dependent on a current account surplus to resolve domestic demand imbalances.

I think this would subsidize exporters indirectly (reducing the currency value) and therefore increase invesment while also reducing domestic savings by forcing up consumption on «core» items, so that would reduce the current account surpluses.

The fact that the domestic private sector also had some foreign loan assets (as taken into account in net debt measures) would be of little assistance in such a currency crisis.

With Revolut, users can set up an app - based current account in 60 seconds, spend abroad in over 150 currencies with no fees, hold and exchange 25 currencies in - app and send free domestic and international money transfers with the real exchange rate.

China has taken a series of steps against digital currency trading, adding both foreign and domestic digital asset trading platforms to its Great Firewall, banning initial coin offerings (ICO) and cryptocurrency - related websites, as well as freezing numerous accounts of cryptocurrency exchanges.

The charges in part read: «That you Col. Mohammed Sambo Dasuki whilst being National Security Adviser and Shaibu Salisu, whilst being the Director of Finance and Administration in the Office of the National Security Adviser and Hon. Waripamowei Dudafa (now at large) whilst bring Senior Special Assistant, Domestic Affairs to the President on or about 27th November within the jurisdiction of this Honourable Court entrusted with dominion over certain properties to wit: the sum of N10billion being part of the funds in the account of the National Security Adviser with the CBN, the equivalent of which sum you received from the CBN in foreign currencies to wit: $ 47million and $ 5.6 million Euros committed criminal breach of trust in respect of the said property when you claimed to have distributed same to the Peoples Democratic Party (PDP) Presidential Primary Election delegates and you thereby committed an offence punishable under Section 315 of the Penal Code Act, Cap 532, Vol.4, LFN 2004.

ECONOMIC OVERVIEW Currency: Australian Dollar ($ A) Market Exchange Rate (5/24/02): US $ 1 = $ A1.79 Nominal Gross Domestic (GDP, 2001E): U.S. $ 365.8 billion Real GDP Growth Rate (2001E): 4.1 % (2002F): 3.8 % Inflation Rate (2001E): 4.3 % (2002F): 3.0 % Unemployment Rate (2001E): 6.9 % (2002F): 7.0 % Current Account Balance (2001E): - $ 15.3 billion (2002F): - $ 16.9 billion Major Trading Partners: Japan, other Far East, European Union, United States Major Export Products: crude materials, food and live animals, mineral fuels and lubricants Major Import Products: machinery and transport equipment, manufactured goods, chemicals

ECONOMIC OVERVIEW Minister of the Economy: Roberto Lavagna Currency: Peso Financial Exchange Rate: US$ 1 = 3.6 Argentine Pesos (10/29/02) Nominal Gross Domestic Product (2001E): $ 267.6 billion (2002E): $ 111.3 billion Real GDP Growth Rate: (2001E): -4.5 % (2002E): -13.7 % Inflation Rate: (2001E): -1.1 % (2002E): 30.7 % Unemployment Rate: (2002E): 22 % Current Account Balance as a % of GDP: (2001E): -1.7 % (2002E): 7.3 % Major Trading Partners: Brazil, United States, Japan, Uruguay, Chile, Germany, France Major Export Products (2000): Agricultural products (including manufacturing of agricultural products)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goods (43 %)

Fiat currency deposits sent before 3 p.m. ET by domestic wire from your User Bank Account will typically be credited to your Gemini Account on the same day or next Business Day.

Assuming that you're confident after performing your research and want to proceed with participating in the ICO, then you should open a fiat - accepting cryptocurrency exchange account to convert your domestic fiat currency into popular cryptocurrency of Bitcoin (BTC) or Ether (ETH).

«To this end, Chinese regulators will conduct a review of domestic bank accounts and online payment accounts for businesses and individuals suspected of helping domestic investors to make digital currency transactions at overseas exchanges,» the report details.

Bitcoin exchanges continue to operate in China, although not at the volumes they did before 2014, and the Chinese domestic currency, the yuan or renminbi, can't be used to add or withdraw funds from a Bitcoin account.

China has taken a series of steps against digital currency trading, adding both foreign and domestic digital asset trading platforms to its Great Firewall, banning initial coin offerings (ICO) and cryptocurrency - related websites, as well as freezing numerous accounts of cryptocurrency exchanges.

They would encounter problems such as «time delays, complicated account management, and language barriers,» the news outlet noted, adding that Upbit will eliminate these problems and will therefore «raise the domestic virtual currency trading environment to a world - class level.»

Foreign Currency Exchange Corporation, City • ST 2010 — 2011 Operations Project Specialist Provided domestic and Canadian exchange orders for all assigned accounts and efficiently completed all client maintenance requests.