The phrase
"local currency" refers to the money that is used and accepted in a specific region or country. It is the type of currency that people in that particular area use to buy goods and services or conduct financial transactions.
Full definition
When we look back over the past three years, investors have earned remarkably similar returns
in local currency terms in very different parts of the world.
You may exchange cash and traveler's checks
for local currencies at hotels, banks and exchange bureaus.
The company says it has been in touch with government officials and also follows compliance procedures, but does not exchange bitcoin
into local currency directly as part of its service.
The platform will allow traders to purchase bitcoins
using local currency, exchange bitcoin for altcoins and convert their digital currency to Egyptian pounds.
USD 1 billion equivalent in
local currency at a fixed, long - term rate in international capital markets.
This article explains why
local currency emerging market bonds are attractive relative to historical valuation levels as well as current developed market opportunities.
Employers get the low cost of the blockchain, and employees can still have the convenience of using widely
accepted local currencies.
On a pragmatic level, this means you can now sell your bitcoin and
hold local currency with Coinbase.
As soon as you leave the airport, you'll
need local currency to take public transportation or cab rides in many countries.
Their central banks end up with these dollars, whose value falls as measured in their
own local currencies.
That's up from 1.3 % organic
local currency growth in 2015 and a 0.1 % decrease in 2016, and it's because of a sharp increase in research and development spending.
And we think emerging markets
local currency assets are a compelling combination of carry and valuation upside potential on a risk - adjusted basis.
A question I had for the company is: how do governments and national banks feel
about local currencies... which of course mean that actual fiat government currencies would be used less.
Founded in 2014, the company enables payment and business to receive and send payments in
local currency through a simple methodology using blockchain.
Changes in international same store sales are reported excluding foreign currency impacts, which reflect changes in international
local currency sales.
It never hurts to mention right up front that you want to pay in
local currency rather than assuming since it's harder to correct after.
The finance ministry said 13 domestic banks had qualified to participate in the program for
local currency Islamic bonds.
This substantially lowers the risk to investors that inflation is priced into the exchange rate
for local currencies.
We use a five - year bond as representative of the approximate duration risk an investor faces in a broad emerging markets
local currency bond index.
The Australian share market has risen by about 50 per cent, in
local currency terms, since the beginning of 1995.
Customers are then charged in the their
own local currency, which makes it easier for people to know how much they are paying.
Moreover these investors are willing to take the risk to be paid
in local currency when fossils don't want to get anything which is not tied to the value of dollar.
Phrases with «local currency»