Is the USD provider a bank or person ? I know that the USD provider obtains USD at a deep discount and then turns around and sells for 15% discount....is this USD provider a wealthy person , a corporation , a central bank or the Federal reserve ?
Foreign currency is basically currency or denomination of another country. The term is mostly used in context with foreign exchange also known as forex. There are a number foreign echange specialists like Travelex India etc that do currency conversion.
You must understand what fiat is first. This is money that is backed by nothing of any intrinsic value. Our currency for instance is no longer backed by gold, instead it is backed by government debt. When used in the political context of executive fiat, it describes a president using power that isn't backed up by law. Therefore on its face, it is as worthless as our currency is becoming
Depreciation can be defined in several ways according to the context it is used. Depreciation in an accounting context refers to the reduction in the value of an asset. This reduction is usually the result of wear and tear on assets as time passes. (Think of a car. A car losses its value as it ages as the mileage goes up). Depreciation in this context can be used to revalue the asset and allocate the loss of value as an expense. There are different ways to calculate depreciation such as the straight line method, the accelerated method, etc, but fundamentally the same concept of assigning the cost of the asset over its useful life applies. In another context, that of currency trading, depreciation refers to the loss of value of one currency relative to the other.Currencies are traded in pairs. (e.g.: EUR/USD) so if the parity (conversion rate) on EURUSD goes up, the USD loses strength or depreciates against the EUR.
Depreciation can be defined in several ways according to the context it is used. Depreciation in an accounting context refers to the reduction in the value of an asset. This reduction is usually the result of wear and tear on assets as time passes. (Think of a car. A car losses its value as it ages as the mileage goes up). Depreciation in this context can be used to revalue the asset and allocate the loss of value as an expense. There are different ways to calculate depreciation such as the straight line method, the accelerated method, etc, but fundamentally the same concept of assigning the cost of the asset over its useful life applies. In another context, that of currency trading, depreciation refers to the loss of value of one currency relative to the other.Currencies are traded in pairs. (e.g.: EUR/USD) so if the parity (conversion rate) on EURUSD goes up, the USD loses strength or depreciates against the EUR.
In the financial world the acronym BIS stands for a large number of things depending upon the context. Some examples are Business Intelligence System, or Department for Business Innovation and Skills, or Bank for International Settlements.
Foreign currency is one of the major advantage.
Cherchez le change. -- Look for the currency exchange. Context might help translate better.
The Spanish word 'divisas' means currency. It can also be used in the context of foreign currency, as well as the title of a store that provides the services of a foreign exchange.
Foreign currency is basically currency or denomination of another country. The term is mostly used in context with foreign exchange also known as forex. There are a number foreign echange specialists like Travelex India etc that do currency conversion.
The acronym BAX stands for several things dependent on the context that the acronym is being used. Examples include; Baxter International Limited and Brooklyn Arts Exchange.
SSPI could be the abbreviation for several things depending on context. It could stand for Security Support Provider Interface, or Steady-State Plasma Insulin, or Society of Satellite Professionals International.
according to the regional context international labour organization has flexibility in working on their criteria which is its strength.
Depending on context, currency, coin, money, coinage, piece.
Menzie David Chinn has written: 'Will the Euro eventually surpass the dollar as leading international reserve currency?' -- subject(s): American Dollar, Euro, Foreign exchange, Foreign exchange reserves 'On the won and other East Asian currencies' -- subject(s): Currency question, Econometric models, Foreign exchange rates 'Latin America and East Asia in the context of an insurance model of currency crises' -- subject(s): Devaluation of currency, Econometric models, Financial crises, Foreign exchange market, Monetary policy 'Doomed to deficits?' -- subject(s): Consumption (Economics), Econometric models, International trade, Mathematical models 'Private information and a macro model of exchange rates' 'The predictive content of energy futures' -- subject(s): Econometric models, Futures, Futures market, Mathematical models, Petroleum products, Prices 'Measuring misalignment' -- subject(s): Econometric models, Foreign exchange rates, Money, Purchasing power parity 'Current account balances, financial development and institutions' -- subject(s): Budget, Public Finance, Saving and investment 'Sectoral productivity, government spending and real exchange rates' -- subject(s): Econometric models, Foreign exchange rates, Government spending policy, Industrial productivity 'International capital inflows, domestic financial intermediation and financial crises under imperfect information' -- subject(s): Econometric models, Financial crises, Foreign Investments, Information theory in economics, Intermediation (Finance) 'Asia-Pacific capital markets' -- subject(s): Bank loans, Capital market, Econometric models 'Lost decades' -- subject(s): Public Debts, External Debts, Economic conditions, Financial crises, Budget deficits
Answer this question… Historical context can change rapidly based on international political factors.apex
"pound" in the context of weight or currency it is translated as "pfund"In the context of a vehicle "pound" it is "Abstellplatz" or "Verwahrstelle"In the context of an animal "pound" is "Tierheim" or "Tierasyl"The verb to "pound" is "schlagen", "hämmern" or "zertrümmern"
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