Sentence examples for foreign exchange contracts from inspiring English sources
We were in default with our foreign exchange contracts and we needed to find a way of settling our liabilities".
Following expiry of most foreign exchange contracts the full benefits of a weaker pound should benefit profits from 2018.
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.
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.
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.
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.
Also excluded from the restrictions are physical commodities, such as oil and gold, and spot foreign-exchange contracts.
According to the Comptroller of the Currency, trading in foreign-exchange contracts generated revenue of $9 billion in 2010 at the nation's top five banks.
Dennis Kelleher, the president of Better Markets, a nonprofit organization that promotes the public's interest in capital markets, said he was dubious of the contention that the market for foreign-exchange contracts performed well during the turmoil of 2008.
