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Foreign companies now have to cope with new controls on foreign exchange transactions.
It is time to give serious consideration to a Tobin tax on foreign exchange transactions too.
Commissions on stock trades were deregulated, and banks lost their monopoly on foreign exchange transactions.
In such a system a high value is assigned to exchange transactions.
While these short-term lendings normally move across national frontiers, they do not directly involve foreign exchange transactions.
Is there a way to carry out foreign exchange transactions in the United States without being gouged?
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Desperate for hard currency, the government imposed curbs on imports and foreign-exchange transactions.
By the late 1990s, more than four-fifths of all foreign-exchange transactions involved the dollar.
In Asia, most foreign-exchange transactions take place between a local currency and the American dollar.
Malaysia took a different course, imposing heavy restrictions on foreign-exchange transactions.
It is also planning a markets business to focus on fixed income, securitization, risk management and foreign-exchange transactions.
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