FOREIGN EXCHANGE DEPARTMENT 2 Introduction One of the largest businesses carried out by the commercial bank is foreign trading. The trade among various countries falls for close link between the parties dealing in trade. The situation calls for expertise in the field of foreign operations. The bank‚ which provides such operation‚ is referred to as rending international banking operation. Mainly transactions with overseas countries in respect of import‚ export and foreign remittance come
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’No men are foreign’ tell us that we should not consider anyone as foreign or ’strange.’ Humanity is the same all over the world and in harming anyone we are harming ourselves. This poem emphasizes the fact that men might belong to different races‚ nations‚ but are basically bound by a common bond i.e. they all feel pain when hurt and shed tears on the loss of someone close and wars should not break this common bondage. In destroying another country we are destroying
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Foreign Maids A domestic worker (maid) is a person who works within the employer’s household. Domestic workers perform a variety of household services for an individual or a family‚ from providing care for children and elderly dependents to cleaning and household maintenance‚ known as housekeeping. Responsibilities may also include cooking‚ doing laundry and ironing‚ food shopping and other household errands. Some domestic workers live within the household where they work. The
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FOREIGN EXCHANGE MARKET Foreign Exchange – Any currency‚ other than the local currency‚ which is used in settling international transactions. Foreign Exchange Rate - the price for which one currency is exchanged for another Foreign Exchange Market - are the institutions or systems involved with changing one currency into another. * Exchange rates are determined on the basis of supply and demand in the foreign exchange market * Foreign currency dealers provide two quotes: Bid Price:
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Introduction Countless Filipinos often appreciate foreign movies rather than be pleased about our own local works. Foreign film is not only foreign in terms of the country of production‚ but also in terms of the language used. We can see in our entertainment industry that art pieces from other countries are much preferable. As we all know‚ foreign movies are so popular here in our country‚ Filipino nowadays are getting interested in foreign films because stories were usually based from bestselling
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Global Studies April 2012 Foreign Aid Foreign aid can be a wise investment as well as it can be a waste of money. The success of foreign aid depends on how it is used. As Kristof explains‚ foreign aid often lacks effectiveness‚ and depends on additional factors‚ such as governance. If money is just given to the governments of poor countries‚ chances are that it will be used “corruptly‚ ineffectively‚ and wastefully” (Kristof‚ 2006). A large sum of money alone cannot solve problems that stem
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I was just thinking the other day: Everyone I know in the country is weird. At least for my town‚ which has no stoplights and one main intersection‚ we are a little strange‚ I think. We don’t get out much. We think running across the freeway is a thrill. I grew up playing in mud with frogs and snakes. Is that weird? I feel like my friends and I have had a somewhat difficult time in mixing with others. I almost feel like if I had lived in the city‚ I might understand more about other types of people
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Many developing countries are currently expanding their tourist industries Why is this the case? Is it a positive development? Nowadays‚ more and more countries are become hospitable to their visitors or aliens. Some places that were totally forbidden once upon a time‚ have become accessible to visitors. Those countries‚ particular some developing countries‚ feel obliged to invest more money in order to extend their tourist industries. But whether such expansion be positive or not is still
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Foreign literature Point of Sales System I had been putting off changing from my trusty old cash register to a computerized point of sale system‚ as I was intimidated and daunted by the task. I kept telling myself‚ changing to a new system would not really benefit my business that much‚ and in any event‚ I don’t have the time. A friend of mine‚ who had gone through the process a year earlier‚ was kind enough to sit down with me and share how he had handled the changeover process‚ and some of the
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Introduction: The task here is to compare the Australian Legal System with the legal system of the country of origin therefore the comparison is with the Pakistani Legal System. The structure of the Common Wealth Government‚ Australia briefed in the constitution is divided into three branches‚ the legislature (Senate “upper house” and House of Representatives “lower house”)‚ executive (the administrative arm of Government) and judiciary (the legal arm of the Government). While in Pakistan the
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