749 F2d 369, aff'g 80 TC 551 (1983), the Sixth Circuit held that foreign currency
exchange losses attributable to principal repayments were ordinary losses.
With interest differentials between dollar and foreign currency
assets eroding, the dollar depreciated.
bonds due 2011 to 'B/RR4' from 'B-/RR4'
com), Fitch assigned several FC IDRs on Latin American Corporates, primarily in Brazil, above the country ceiling reflecting both the ability and the willingness of each of these companies to keep current on their foreign currency
debt obligations, even in the event of sovereign imposed transfer and convertibility (T&C) restrictions on foreign debt service.
The rating agency said that substantial foreign currency
cash balances and export revenues help reduce the risk, while financing from local banks could provide a fallback if access to global financial and debt capital markets dried up.
The A3 foreign currency
deposit ratings of the seven affected commercial banks -- CIMB, CIMB Islamic, HSBCM, HLB, Maybank, Public Bank, and SCBM -- are constrained by the foreign currency
If a foreign currency
is expected to appreciate, customers can buy first, then sell to earn the difference between the ask price and the bid price.
For certain foreign currency
derivatives, such as a foreign currency
forward contract, Sec.
By pooling the foreign currency
gains and losses of all assets together with earnings, in the equity pool, the 1991 proposed regulations effectively required recognition of currency gain or loss on all the assets of the QBU, including nonfinancial assets.
Tokyo, Japan, Aug 1, 2005 - (JCN Newswire) - JCB, a leading international card brand based in Asia, is pleased to announce that the JCB brand card will be accepted at Travelex branches in Japan for the purchase of foreign currency
A Valley father and son have been arrested on suspicion of taking more than $77 million from investors who thought they were putting their money into foreign currency
, authorities said Monday.
Long-term foreign currency
issuer credit rtg B+ Short-term foreign currency
issuer credit rtg C Short-term local currency issuer credit rtg A-3 Commercial paper (foreign currency
) C Senior unsecured debt (foreign currency
3 suggests various methods that can be used to manage foreign currency
By unanimous vote, the Authorization for Foreign Currency
Operations was amended to reflect the new title of Manager, System Open Market Account.
SFAS 52 deals with foreign currency
transactions, including accounting for foreign-currency forwards and currency swaps, and SFAS 80 addresses the accounting for regulated interest-rate and commodity futures contracts.