Foreign exchange brokerage and activities relating to the foreign exchange market

(c) Foreign exchange transactions

6151 External foreign exchange

6152 Importers' own foreign exchange

2210 Tax on foreign exchange transactions

4310 Prohibition of foreign exchange allocation

Foreign exchange offices are authorized by the Central Bank for dealings in foreign notes and coin in accordance with the foreign exchange regulations in force.

4390 Restrictive official foreign exchange allocation n.e.s.

Activities of foreign exchange offices are regulated.

6150 Licence linked with non official foreign exchange

1996 1997 revised appropriations Rates of exchange Inflation Commitment authority and unforeseen and extraordinary expenses

Surging oil prices are draining our foreign exchange revenues.

Case study Arrest of foreign exchange dealer in the Philippines

Foreign exchange offices are also required to make periodic declarations.

The greatest impact of migration was on access to foreign exchange.

3 To be more accurate, the relevant foreign exchange reserves figure is the amount of free foreign exchange reserves, excluding commitments resulting from transactions in the forward currency market.

Remittances have become the second largest source of foreign exchange for developing countries, following foreign direct investment (FDI).

Exchange rates were not adjusted until foreign exchange reserves had fallen to an extremely low level in late December 1994.

In some larger economies, remittances became a significant source of foreign exchange.

All foreign exchange remittances must be conducted through the Royal Monetary Authority.

The scope of Foreign exchange bureaus is very small in this sphere.

Foreign exchange reserves were nearly exhausted while official development assistance had declined.

Transit traffic has the potential to become a major foreign exchange earner.

Alternative remittance services are prohibited in Syria, and those who engage in such activities are liable to severe penalties under foreign exchange legislation, as Syria still imposes controls on foreign exchange transactions.

Countries' liberal foreign exchange has also contributed to OFDI by developing country firms.

The ratio of short term debt to the stock of foreign exchange reserves,3 which measures the ability of a country to meet its foreign obligations that mature fairly soon out of liquid sources of foreign exchange, is better suited for that purpose.

Since expenses in this budget line are incurred mostly in euros, the overexpenditure is largely due to the exchange rate fluctuations.

Restrictions on movement of health personnel may arise in connection with economic needs test requirements, discriminatory licensing, accreditation, recognition of foreign professional qualifications, nationality and residency requirements, state and provincial requirements, immigration regulations, access to examinations for completion of qualifications, foreign exchange controls affecting the repatriation of earnings, and discriminatory regulation of fees and expenses.

The date of foreign exchange applicable will be specified by the Customs General Administration.

Short term debt as a percentage of foreign exchange reserves fell moderately during 1997.

Travellers' cheques and notes in all major foreign currencies may be exchanged at any commercial bank and most hotels and foreign exchange counters.

Consider first the claim that the dollar s status as a reserve currency protects it, because governments around the world need to hold dollars as foreign exchange reserves. The problem is that foreign holdings of dollar securities are no longer primarily foreign exchange reserves in the traditional sense.

It is also a means to obtain United States dollars through the foreign exchange process.

The use of the new foreign exchange module will commence before the end of 2006.

Countries with foreign exchange constraints face a policy dilemma in the liberalization of outward FDI.

Barriers to trade such as limited access to foreign exchange and exchange control regulations are expected to be major issues in many LDCs and developing countries.

Since then, the foreign exchange forwards short position of the People's Bank Of China remained zero.

The Committee also had a fruitful exchange of views with the Jordanian Minister for Foreign Affairs.

(c) Foreign exchange transactions, inter bank payment systems, transfer of security rights and transfer of economic assets

Most have achieved a level of economic growth and have increased domestic resources and foreign exchange reserves.

Copper and other metal exports account for about 75 per cent of the country's foreign exchange earnings.

Expenses

Private sector operations in rubber, timber and mining will provide jobs and earn foreign exchange for the country.

The Liberalization of Foreign Exchange Markets and Economic Growth in Sub Saharan Africa, by Nguyuru H. I. Lipumba

Several speakers pointed out the importance of avoiding the accumulation of foreign currency denominated debt and borrowing in local currency as a hedge against foreign exchange rate risk.