foreign exchange

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  • noun

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the system by which one currency is exchanged for another

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"These surplus currencies are explained by the continued good performance of tourism receipts, the inflow of large currencies in the form of drawings on external lines of financing made by local banks and leasing companies, a recipe for privatisation of the Zitouna Bank and the Zitouna Takafoul, significant foreign exchange sales by energy companies and a return of the CPG on the foreign exchange market, thanks to the resumption of phosphate exports."
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We are confident that this move (FX Global Code signing) will support an improvement in the public's faith in the foreign exchange market.
To a certain extent, foreign exchange reserves can reflect the financial strength and economic strength of a country and play a vital role in the steady development of the national economy.
The delegation suggested various measures aiming at improving foreign exchange of the country.
In January 2018, Iran's Money and Credit Council has approved integrated foreign exchange market trade regulations aimed to organize and improve transparency of the market.
Foreign exchange reserves are on lower side in Pakistan.
But depreciation set in on the back of falling oil prices, repatriation of funds by the foreign portfolio investors (FPIs), and sustained intervention in the foreign exchange market by the CBN to defend the local currency from further loss in value against the Dollar.
Paul Muthaura, CMA Chief Executive, said he observed several individuals and entities carrying on or purporting to carry on the business of an online foreign exchange broker or a money manager without the relevant licence by the Authority.
The National Economic Council (NEC) has said that it is in consultation with the Sri Lanka finance ministry and the central bank on implementing short-term measures to improve foreign exchange inflow.
Global Banking News-October 5, 2018--National Economic Council to take initiative in Sri Lanka to tackle foreign exchange crisis
BANKING AND CREDIT NEWS-October 5, 2018--National Economic Council to take initiative in Sri Lanka to tackle foreign exchange crisis
Toronto, Canada, September 17, 2018 --( Knightsbridge Foreign Exchange has been ranked 107 by the Canada's Fastest Growing Companies program, Growth 500.
As expected, China has agreed to pour in some extra foreign exchange on top of the China-Pakistan Economic Corridor (CPEC) funding and the rupee rise is being linked to this.
' Shinhan Bank also operates three foreign exchange centers exclusively for foreign residents in the capital area Located in Ansan and Uijeongbu in Gyeonggi Province and Daelim-dong in southwestern Seoul, they open even on Sunday to provide various financial services including foreign exchange, wire transfers and loans.
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