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"foreign currency payable" is a correct phrase and can be used in written English.
It refers to the amount of money that is owed in a foreign currency. Example: "The company has a large amount of foreign currency payable to its suppliers in Europe."
Exact(1)
Upon maturity, the amount of foreign currency payable had to be invested in a sight-bill issued on London at the expected sight-rate (Eleft [S_{t+m}^right ]).
Similar(59)
Purchase order invoices requiring payment in a foreign currency are initiated by Accounts Payable on a Payment Request Non-Check (PRNC) e-doc.
The Moody's rating refers specifically to Mexican government debt payable in foreign currency, but the benefits extend to corporate borrowers, which are rarely able to win ratings higher than their home country's, a limit known as the sovereign ceiling.
Multinational corporations and financial institutions often use the forward market to hedge future payables or receivables denominated in a foreign currency against foreign exchange risk by using a forward contract to lock in a forward exchange rate.
Foreign currency is drying up.
Foreign currency is running out.
Foreign currency requirements for financing.
Foreign currency movement is severely restricted.
Our main foreign currency earner is tobacco.
Refer to the Foreign Currency section above.
DR. SAUTER: Gold, foreign currency, silver, jewelry..
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com