Sentence examples for foreign exchange contract from inspiring English sources
The Banking segment involves with corporate and commercial banking including savings, deposits, securities trading, securities investment, domestic and foreign exchange, contract bonds, and counter sales of government bonds, investment trusts, and insurance.
Ortega also acknowledged involvement in the withdrawal scheme of $1.2 billion from PdVSA and receiving another $12 million in bribes for participating in a corruption scheme related to lending and a foreign exchange contract of a Venezuelan company.
Another eye-popping number was the reported off-balance-sheet fair value of Allfirst's foreign exchange contracts, including forwards and options, at the end of 2000.
Last month, Citic Pacific reported a record loss of 12.7 billion Hong Kong dollars, or $1.64 billion, for 2008, mainly due to the foreign exchange contracts.
On Friday, the police raided the company's headquarters and told the company and its directors to provide information regarding the foreign exchange contracts.
But that will be counterbalanced by a new squeeze on liquidity: a 90-day freeze on forward foreign exchange contracts, which will leave companies scrambling for hard currency to pay their overseas suppliers.
But they can vastly reduce systemic risk by addressing the huge markets for plain-vanilla — and easily cleared — products like credit- and interest-rate swaps, or foreign exchange contracts.
And instead of announcing hedge-fund losses, J. P. Morgan said "substantially all" of the $900 million that the unregulated funds owe the bank on derivative and foreign exchange contracts was secured by cash and Treasury and agency securities.
