Sentence examples for offshore currency from inspiring English sources
The City of London, which pioneered offshore currency trading in the 1950s, still specialises in helping non-residents get around the rules.
4.08pm BST Brazil GDP beats expectations Over to Brazil, one of the countries touted to take part in a coordinated intervention in offshore currency markets, where GDP growth came in higher than expected.
Adam Posen, another bear on Japan's bonds, argues from his post as an economist at the Institute of International Economics in Washington that Japanese investors are already starting to migrate to gold and offshore currency accounts.
London played host to far more foreign banks than any other financial centre and had the biggest slice of the foreign-exchange market.Business had gravitated to the City because its role was based no longer on sterling but on offshore currencies, predominantly dollars, held outside America.
Investors should also be aware of the risk associated with any traditional offshore foreign currency investments, Ms. Mah added.
The zone was to function as an offshore Chinese currency trading centre and also was intended to become a hub for international arbitration that would include a special court for commercial and intellectual-property matters.
There are broadly three categories of offshore Chinese currency investments now available to investors: CNH deposit products; CNH-denominated bonds (also called dim sum bonds), usually with a two- to four-year maturity; and, most recently, CNH-denominated funds, which are acting as accumulators for new instruments coming to market.
Much of the money will now be kept offshore in foreign currency, taking the heat off the peso.
Logging is the country's second-largest source of foreign currency, behind offshore oil drilling.
Fewer smuggled imports means less hard currency stashed offshore.But Mr Lardy argues against ending the capital-outflow scare.
Earlier, the People's Bank of China held the line on the yuan for a fourth straight session on Wednesday while putting the squeeze on offshore sellers of the currency.
