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Members of the home country who normally cover their commitments to make payments in a foreign currency would clearly continue to do so.
If a firm or its affiliate has foreseeable commitments to make payments in a currency other than that of the area in which it operates, it may think it wise to "cover" its position by buying the currency at once, in either the spot or the forward market.
Similar(58)
This involves a commitment on your end to make payments as agreed upon in a contract.
Were the finances of the Social Security system restated under principles of accrual accounting, which recognizes commitments to make future payments when those obligations are actually incurred, the Social Security trust funds would have had to report a loss of several hundred billion dollars in 2002.
Many homeowners struggle to make payments.
Singsanong: We both worked to make payments.
Under the new legislation, we are making a binding commitment to make full benefit payments through 2024.
He added that the company's commitment to making dividend payments the "first priority" would reassure investors.
He called the plan "appropriately tailored to reach homeowners who have demonstrated their commitment to making on-time payments, even during times of financial distress".
This week U.S. Secretary of Health and Human Services Sylvia Burwell signaled a commitment to making the latter trade-off in her announcement on a complex area of health care financing: Medicare payment & payment reform.
Did she make payments to Awicha?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com