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FINANCIAL AND LEGAL CONSIDERATIONS OF THE FOREIGN EXCHANGE RATES ON BANK EXTERNAL TRADING OPERATIONS

New Knowledge Journal of Science

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Field Value
 
Title FINANCIAL AND LEGAL CONSIDERATIONS OF THE FOREIGN EXCHANGE RATES ON BANK EXTERNAL TRADING OPERATIONS
 
Creator Papazov, Ignat; D.A. Tsenov Academy of Economics - Svishtov
 
Subject currency, quote, correlation, currency, payrol, conversion rate
 
Description The term "currency" has different meanings but is usually defined as any means of payment that is not in local currency units. The ratio between the foreign currency and local currency units results into exchange rate. When arranging payment transactions abroad, local entities - natural and legal persons must exchange their national currency in advance for the currency of the country in which they are due or in another currency commonly accepted as an international payment. Under this regime, the national currency is quoted in relation to another currency, that is exchange rate.
 
Publisher University of agribusiness and rural development - Plovdiv
 
Contributor
 
Date 2017-07-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://science.uard.bg/index.php/newknowledge/article/view/284
 
Source New knowledge Journal of science; Vol 6, No 2 (2017): New knowledge Journal of science; 89-95
2367-4598
1314-5703
 
Language eng
 
Relation http://science.uard.bg/index.php/newknowledge/article/view/284/pdf_13
 
Rights Copyright (c) 2017 New knowledge Journal of science