calculated on a constant currency basis, which removes the effect of changes in currency exchange
The change in fair value of a foreign currency forward contract designated as a fair value hedge is recognized currently in earnings in the same line of the income statement as the foreign currency exchange
gain or loss on the underlying asset or liability.
Foreign currency exchange
rate fluctuations impacted net merchandise sales negatively by $7.6M or 3.0% versus the same prior year one-month period.
LAHORE -- Two alleged frontmen of the Sharif family, who allegedly laundering Punjab Assembly opposition leader Hamza Shehbaz and his brother Suleman Shehbaz's wealth to other countries, have feigned ignorance about currency exchange
firms involved in the money laundering scam, reported media on Saturday.
TOKYO, May 29 (KUNA) -- China on Wednesday said it hopes the US will respect facts and market laws, and refrain from politicizing the issue of currency exchange
rates, state-run Xinhua News Agency reported.
The National Bank of Cambodia (NBC) announced on Friday that it will continue to strengthen confidence in the local currency by stabilising the currency exchange
rate and enforcing its existing financial tools to boost the riel's usage.
A team of FIA's Islamabad Zone made inspection at three offices operated by currency exchange
companies in Islamabad's F-10 Markaz and Blue Area.
With the campaign against the dollar hoarding and money laundering gaining momentum, the Federal Investigation Agency (FIA) on Thursday raided four currency exchange
outlets in Islamabad and Quetta and seized currency notes worth millions of rupees.
"On March 19 this year, the bank didn't take part in currency trading on the Republican Currency Exchange
for the purchase and sale of foreign currency," the bank's press service said.
The supervisory department of the Central Bank of Egypt (CBE) sanctioned 28 currency exchange
companies during 2018, through withdrawing their licences and suspending them, according to the CBE's report.
BAHAWALPUR -- A law investigation agency raided a shop in Yazman area and arrested the owner for running illegal business of currency exchange
besides recovering foreign currency.