Foreign Exchange Transactions

Type: Keyphrase
Name: Foreign Exchange Transactions
First reported 9 hours ago - Updated 9 hours ago - 1 reports

BSP Issues Reminder on Submission of Foreign Borrowing Plan for 2015

09.01.2014In line with the responsibility of the Bangko Sentral ng Pilipinas (BSP) to monitor capital flows and analyze their implications on the economy, resident entities intending to borrow from offshore sources (such as banks, foreign parent companies/affiliates/shareholders), ... [Published Bangko Sentral ng Pilipinas - 9 hours ago]
First reported Aug 29 2014 - Updated Aug 30 2014 - 1 reports

Kim Jong-un's banker 'defects' to Russia with $5 million

A banker who managed the money of North Korean leader Kim Jong-un, has taken $5million (£3 million) and defected to Russia, a South Korean newspaper has reported. Yun Tae Hyong, a senior official for the secretive nation’s Korea Daesong Bank, disappeared ... [Published The Independent - Aug 29 2014]
First reported Aug 30 2014 - Updated Aug 30 2014 - 1 reports

North Korea Banker Who Manages Money of Kim Jong-un Defects to Russia With $5 Million

A North Korean official of the Korea Daesong Bank, identified by JoohnAng Ilbo newspaper as Yun Tae Hyong, left the country with $5 million and is in RussiaYun is said to be the banker of North Korean leader Kim Jong-un.North Korea has sought the help ... [Published International Business Times Australia - Aug 30 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

sector notes

access to finance, access to financial services, access to information, Accounting, Anti-Money laundering, Balance of Payments, balance sheets, bank account, banking ...See More + ssets, banking crises, banking sector, Banking services, banking system, ... [Published World Bank - Aug 29 2014]
First reported Aug 29 2014 - Updated Aug 29 2014 - 1 reports

Senior North Korean bank official defects - with $5m of Kim Jong Un's money

A senior North Korean banking official who managed money for leader Kim Jong Un has defected in Russia and was seeking asylum in a third country, a South Korean newspaper reported today, citing an unidentified source. Kim Jong Un, in his early 30s, came ... [Published Irish Independent - Aug 29 2014]
First reported Aug 28 2014 - Updated Aug 28 2014 - 1 reports

Bank South Pacific posts K262.5m profit

By Online Editor10:51 pm GMT+12, 27/08/2014, Papua New GuineaBank South Pacific posted a profit after tax of K262.5 million (US$106.5 million) in the first half compared with K204.5 million (US$83 million) in the same period last year.Its operating profit ... [Published Pacific Islands News Association - Aug 28 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

NZ dollar falls as Yellen helps lift greenback, amid intervention talk

![CDATA[By Jonathan UnderhillAug. 25 (BusinessDesk) - The New Zealand dollar fell after Federal Reserve chair Janet Yellen gave a more hawkish view of the US economy and tensions rose over Ukraine, sapping risk appetite. The kiwi extended its slide amid ... [Published Yahoo! Xtra Business - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

Patricia Stock

pstock@bdo.co.zaTel: +27 10 060 5629Mobile: +27 83 352 1259 Patricia Stock Audit Partner Experience and skillsPatricia was appointed by BDO South Africa Inc as an audit partner in January 2014 subsequent to joining BDO as as associate director in October ... [Published BDO Spencer Steward - Aug 25 2014]
First reported Aug 25 2014 - Updated Aug 25 2014 - 1 reports

RBI Makes Online Buying More Secure

Move away from dollars, embrace rupees. This is the new directive from The Reserve Bank of India (RBI) to e-commerce companies, which stated that any online transaction using credit cards for the purchase of items and services within India must be done ... [Published TechTree.com - Aug 25 2014]
First reported Aug 22 2014 - Updated Aug 23 2014 - 1 reports

Taipei Foreign Exchange Market July 2014

Central Bank of the Republic of China ( Taiwan )PRESS RELEASERelease Date: August 22, 2014Taipei Foreign Exchange Market Taipei foreign exchange market covers all foreign exchange transactions made by authorized foreign exchange banks and offshore banking ... [Published Noodls - Aug 22 2014]
First reported Aug 20 2014 - Updated Aug 20 2014 - 1 reports

Iceland Central Bank Keeps Rates On Hold

Iceland's central bank kept its key interest rate unchanged as it expects inflation to remain close to the target.The Monetary Policy Committee of Sedlabanki maintained the seven-day collateral lending rate at 6 percent. The rate was changed previously ... [Published RTTNews.com - Aug 20 2014]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

RBI increases remittance limit to $125k

The Reserve Bank of India (RBI) has increased the remittance limit under the Liberalised Remittance Scheme from $75,000 to $125,000. Last year, the central bank had cut down the remittance limit from $2 lakh to $75,000 to support the depreciating rup ... [Published Business Today India - Aug 19 2014]

Quotes

The OIC Islamic Fiqh Academy, based in Saudi Arabia, has decided that the wa'ad is "obligatory not only in the eyes of God but also in a court of law" when it is made in commercial transactions, or when it is a unilateral promise, or when it has caused the promise to incur liabilities
"(Officials) are only able to know about their work and commitments. It is hard to know something big beyond that in North Korea" he said
Olivier Piou, Chief Executive Officer, commented: "The first semester was particularly busy in preparation for a year with pronounced seasonality. We extended our commercial momentum as revenue growth accelerated in the Mobile segment and new contracts were signed in the Payment & Identity segment that will generate significant revenue going forward. The ramp-up of EMV, the acceleration in the Government sector - fueled by the contracts we recently won, the launch of the previously delayed mobile contactless services and our expansion in the Identity & Access Management business all support our expectation for an accelerated revenue growth in the second part of the year. With strong operating leverage in place, we confirm our objective of double-digit increase in profit from operations for the full year 2014."
"The bigger story here is that the US dollar is in a very powerful uptrend," said Imre Speizer, strategist at Westpac Banking Corp. "We're at the beginning of a very long move higher in the US dollar. The kiwi might fall further because it is in a bit of an economic soft patch."

More Content

All (103) | News (91) | Reports (1) | Blogs (6) | Audio/Video (0) | Fact Sheets (5) | Press Releases (0)
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BSP Issues Reminder on Submission of Foreign Bo... [Published Bangko Sentral ng Pilipinas - 9 hours ago]
FX wa'ad helps hedge exposure-Islamic bank expert [Published Zawya.com - Aug 31 2014]
North Korea Banker Who Manages Money of Kim Jon... [Published International Business Times Australia - Aug 30 2014]
sector notes [Published World Bank - Aug 29 2014]
Kim Jong-un's banker 'defects' to Russia with $... [Published The Independent - Aug 29 2014]
Senior North Korean bank official defects - wit... [Published Irish Independent - Aug 29 2014]
Bank South Pacific posts K262.5m profit [Published Pacific Islands News Association - Aug 28 2014]
Gemalto first semester 2014 results -2- [Published Scottrade - Aug 27 2014]
Gemalto first semester 2014 results [Published BusinessWeek - Aug 27 2014]
Patricia Stock [Published BDO Spencer Steward - Aug 25 2014]
RBI Makes Online Buying More Secure [Published TechTree.com - Aug 25 2014]
NZ dollar falls as Yellen helps lift greenback,... [Published Yahoo! Xtra Business - Aug 25 2014]
NZ Dollar Outlook: Kiwi may decline on US optimism [Published Scoop - Aug 25 2014]
Taipei Foreign Exchange Market July 2014 [Published Noodls - Aug 22 2014]
UPDATE 1-Djezzy stake valuation could signal en... [Published Reuters - Aug 21 2014]
Citi presents the Execution to Custody (E2C) so... [Published ISS-Mag.com - Aug 21 2014]
Assets Held by Taiwan's OBUs Drop the First Tim... [Published CENS.com - Aug 21 2014]
IMF Executive Board Concludes 2014 Article IV C... [Published Thailand News and Press Releases - Aug 21 2014]
SWIFT plans to go big [Published Bangladesh Daily Star - Aug 20 2014]
Iceland Central Bank Keeps Rates On Hold [Published RTTNews.com - Aug 20 2014]
Is America's policing of global finance vexing ... [Published Telegraph - Aug 20 2014]
Lender targets cross-border business [Published CHINAdaily - Aug 20 2014]
Diversify your portfolio with foreign-listed st... [Published Smart Investor - Aug 19 2014]
RBI increases remittance limit to $125k [Published Business Today India - Aug 19 2014]
Fuel Systems Solutions Reports Second Quarter 2... [Published Ask.com - Aug 18 2014]
TRAVELEX: THE INTERNATIONAL PAYMENTS & FOREIGN ... [Published Global Banking & Finance Review - Aug 16 2014]
Bulgaria C-bank Allows Corpbank’s Debtors to Re... [Published Sofia News Agency - Aug 15 2014]
NZ dollar makes gains after strong data [Published NineMSN Finance - Aug 14 2014]
NZ dollar pops above 85 US cts as local economy... [Published Yahoo! Xtra Business - Aug 14 2014]
Local currency firmer against greenback [Published Saigon Economic Times - Aug 14 2014]
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RBI Makes Online Buying More Secure [Published TechTree.com - Aug 25 2014]
Move away from dollars, embrace rupees. This is the new directive from The Reserve Bank of India (RBI) to e-commerce companies, which stated that any online transaction using credit cards for the purchase of items and services within India must be done ...
Michael Hudson: Stockholm Syndrome in the Balti... [Published naked capitalism - May 09 2014]
Yves here. This is a meaty post, so get your cup of coffee and settle down for a good read. This essay is based on a chapter in the book, Contradictions of Austerity: The Socio-economic Costs of the Neoliberal Baltic Model By Michael Hudson, a research ...
Ghanaian preachers say the darndest things [Published {AFRICA IS A COUNTRY} - Mar 24 2014]
Ghanaian preachers are attracting international press for peculiar reasons. It is not uncommon the world over for religious figures to wade in on political issues and find themselves considered as a respected authority on a given matter. The former Anglican ...
China Widens Dollar Trading Band From 1% To 2%,... [Published Zero Hedge - Mar 15 2014]
In the aftermath in the recent surge in China's renminbi volatility which saw it plunge at the fastest pace in years , many, us included, suggested that the immediate next step in China's "fight with speculators" (not to mention the second biggest trade ...
Your Humble Blogger is the Probable Target of P... [Published naked capitalism - Feb 26 2014]
I was hacked yesterday. On the scale of hacks, it was simultaneously trivial but meant to intimidate. Or else hugely inept. I am on some politically-oriented listservs. They are all Google Groups, hence one has to have a Google account to post to ...
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