The total value of the
foreign currency in INR is Rs 2,93,27,265," the official said.
Starting from 2015, deposits of non-banking financial institutions have been included in RMB deposits,
foreign currency deposits and deposits in RMB and foreign currencies; lending to non-banking financial institutions has been included in RMB loans,
foreign currency loans and loans in RMB and foreign currencies.
Dr Abdul Hafeez Shaikh approved the proposal that officials of the SBP should be part of the Federal Investigation Agency's (FIA) team whenever the investigation agency raids any
foreign currency exchange company to check the records.
We encourage all our expat customers and customers who earn in USD to use a Nations
Foreign Currency Investment Plan to build a bright future and make their dreams a reality.
Other reasons for stabilization of the
foreign currency rate is the oil dollar injection into the market, the establishment of the secondary market, and systems to control the
foreign currency rate - those were the other successful solutions that helped, she explained.
"We are continuously enhancing our online
foreign currency exchange platform to bring relevant and convenient banking services to more Filipinos, to enable them in their financial achievements such as making big investments or funding their dream travels," RCBC treasurer Horacio Cebrero said.
Credits in national currency were issued in the amount of 46 billion soms, and in the amount of 50.3 billion soms in
foreign currency until Sept 2016, then in February this ratio changed.
In a statement, Moody's said that the Turkish lenders are highly reliant on
foreign currency funding and had market funds of around $186 billion denominated in
foreign currency as of June 2018, which is equivalent to 75 per cent of their total wholesale funds.
--Long-Term
Foreign Currency IDR affirmed at 'B'; Outlook to Stable from Positive;
The FIA raiding team recovered
foreign currency -- 454 Saudi Riyals, 3,000 Euros, 240 UAE Dirham, 2 Omani Riyal, 863,200 prize bonds and Rs700,800 local currency from the accused.
"The provisions of this circular whose object is the import, transfer, conversion and physical re-exportation of
foreign currency by non-resident travelers comes into force as of December 1, 2017."