Sentences with phrase «hold local currency»

«So we need a banking partner that allows us to hold the local currency... and also gives us access to the infrastructure that's needed to move the funds in and out of any existing UK customers» bank account with Circle.»

Use your Abra wallet to pay any of the over 100,000 merchants that accept bitcoin, even if you are holding local currency.

Hong Kong and overseas investor who holds a local currency other than RMB will be exposed to currency risk if he / she invests in a RMB product due to the need for the conversion of the local currency into RMB.

Instead of holding local currency in many accounts around the world, banks can instead bring their liquidity for global payments into just one XRP account, the paper argues.

Not exact matches

Our clients» international stock exposure is held in local currencies rather than hedged to the U.S. dollar.

[9] Nonetheless, for emerging Asian economies there has tended to be a positive association between increased foreign holdings of local currency government debt and growth in onshore FX derivatives turnover.

Issuers may be located in any geography, but holdings must be either denominated in one of the G10 currencies, or issued outside of the home market of the issue currency — effectively excluding local - currency emerging - market bonds.

The two largest holdings, which each represent 15 % of the total, are iShares MSCI EAFE Small - Cap ETF and iShares Emerging Markets Local Currency Bond ETF.

Since results are in local currencies, an investor in one country seeking equity positions in another country would need to take into account expected change in the associated exchange rate over the equity holding period.

By default, the Abra wallet will hold your balance in your local fiat currency based on the phone number you signed up with.

Lack of familiarity with local shopping habits, language barriers, complex shipping and fulfillment needs, tax laws, foreign currencies, and confusion over payment methods are all deterrents that hold many merchants back.

In addition we look at currency implications: Is cash being held in the local currency or in US dollars?

So if you're a U.S. investor like me, and you hold international ETFs, you may notice that a strong U.S. dollar can diminish your returns because those investments are held in the local currency.

The reverse has been true, however, for Canadian dollar - based investors: exposure to global equities in their local currencies has resulted in higher volatility — not less — than the same exposure held in Canadian dollars.

That has been a benefit for Canadians who hold US equities: not only did the stocks deliver huge returns in their local currency in 2013, but we got a further boost thanks to the appreciation of the US dollar.

This holds true even for securities that trade on an exchange in your local currency, like ADR's or GDR's.

Though our local currency holdings are under benchmark weight at this time, we added back exposure to the Mexican peso and maintained an overweight in the Polish zloty.

This fund — whose holdings are denominated in local currencies that benefit from a slumping greenback — has run more than 14 % higher year - to - date.

What strategy should I take in the future if / when my local currency starts the strengthen... do I hold my foreign investments through it and just trust in cost averaging long term, or try sell them off to avoid the devaluation?

The idea is that a country holds its FX reserves in dollars if the local currency moves closely with the dollar.

Using a credit card for foreign public transport is sooooo much easier than holding up a line of annoyed locals behind you as you fumble around with whatever unfamiliar foreign currency you're dealing with and trying to figure out exactly how much is needed while trying to remember how to say «sorry» in Romanian... etc. (not that I would know what that's like of course).

Points or Miles awarded for Events held at participating international locations are based on local currency converted to U.S. dollars.

The Tokens could be deemed from time to time as a virtual commodity, a digital asset or even as money, securities or currency in various jurisdictions and therefore could be prohibited from being sold, purchased, traded, distributed or held in certain jurisdictions pursuant to local regulations.

While consumers who use Abra's flagship payment app can hold balances in local fiat currencies (it's actually bitcoin, hedged with smart contracts), transfers between wallets ride on bitcoin's rails, which know no borders.

Similar experiments were held in other countries around that time: local currencies were used in Wörgl, Australia (1932 — 1934), Alberta, Canada (1936) and in the US during times of Great Depression.

M1 specifically computes figures based on «the total quantity of currency in circulation (notes and coins) plus demand deposits denominated in the national currency, held by nonbank financial institutions, state and local governments, nonfinancial public enterprises, and the private sector of the economy.»

Users can convert local fiat currency into Cryptocash through the specialized Everex Wallet, and then have the balances held in licensed financial accounts linked to recognized institutions.

The measures came after lawmakers held an emergency meeting to discuss «virtual currency emergency measures,» according to local Hankyung publication.

Once money is converted into bitcoin, the inflation rates of local fiat currencies do not affect bitcoin holdings and it can be sent anywhere through the Internet for free.