We all know that. But World trade in foreign exchange -- the amount that's traded on foreign exchange markets-- is 100 times the total of trade in goods and services. Some of you probably still think that what banks do is they take your deposits and they lend them out to businesses.
can flag those things and then you can label them as forked coins. And then do I need to do foreign reporting if my bitcoin originated from a foreign exchange but is no longer held there? No. FBARs are created when you have holdings in the foreign exchange ,,
No. FBARs are created when you have holdings in the foreign exchange ,, not when it gets generated from a foreign exchange . I'll just add to that.
And of course it is a commodity. You just look at the foreign exchange market-- huge trades every day, money being exchanged for money. So money is a good, and it is a commodity.
In 1992, Barbados was on the brink of financial ruin. They were running out of foreign exchange reserves. And their currency, the Barbadian dollar, was pegged to the US dollar-- 1.7 Barbadian dollars for each US dollar.
underemployment in their country. And they're also able to obtain foreign exchange . The amount of remittances worldwide from people in developing countries sending money home is now in 2011
Then you must demonstrate during that time how you've improved that institution. Perhaps you've increased the number of foreign exchange programs to other universities around the world. Maybe the number of graduates from the university went up in terms of their ability to get high-paying jobs.
government close the airport in Bangkok see what happens after five days the government fails because you've you've basically taken away their entire source of Foreign Exchange it's it's it's the cash flow stops travel and tourism let's talk about the Middle East let's take a look at Israel Jordan Syria Lebanon and Egypt can anybody here tell me what
The other thing I was concerned with I didn't know whether they were allowed to put it back from India, because the government said you could come in, give us your foreign exchange , and when you sell it, no long-term gain stocks, and you can pull the whole thing back. And I didn't trust that.
And then do I need to do foreign reporting if my bitcoin originated from a foreign exchange but is no longer held there? No. FBARs are created when you have holdings in the foreign exchange ,, not when it gets generated from a foreign exchange .
Yeah. In a lot of ways, it's focusing to just be able to spend most of your time on the cash pipeline. And so on the finance side, my job is to manage that entire pipeline from donor to the first bank it hits in the US to the foreign exchange transaction to get to Kenyan shillings or Rwandan francs, the bank it sits there, and then the getting to the mobile money