INFORMATION SYSTEM AT UAE EXCHANGE & FINANCIAL SERVICES LTD A PROJECT REPORT ON THE STUDY OF INFORMATION SYSTEM AT UAE EXCHANGE & FINANCIAL SERVICES LTD Submitted By SANANDRAJ S. ABIN BABU Guided By: Mrs. ANITHA KUMARI DECEMBER 2012 Amity Global Business School Skyline Platinum Rajaji Road Kochi-682 035. 1 AMITY GLOBAL BUSINESS SCHOOL‚ COCHIN INFORMATION SYSTEM AT UAE EXCHANGE & FINANCIAL SERVICES LTD MASTERS IN BUSINESS ADMINISTRATION Amity Global Business School Skyline
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Question 2 Exchange Control refers to governmental regulation of the conversion of currencies‚ the purchase of foreign coin or gold‚ and the transfer of funds between countries . Common exchange controls include banning the use of foreign currency and restricting the amount of domestic currency that can be exchanged within the country. Exchange Controls impacts on the economy include the following; The downward trend of rate of exchange against major trading currencies; this control lead
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Definition of ’Commodities Exchange’ An entity‚ usually an incorporated non-profit association‚ that determines and enforces rules and procedures for the trading of commodities and related investments‚ such as commodity futures. Commodities exchange also refers to the physical center where trading takes place. A commodities exchange is an exchange where various commodities and derivatives products are traded. Most commodity markets across the world trade in agricultural products and other raw
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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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Exchange Risk Currency risk is also called the foreign exchange risk or foreign exchange exposure‚ refers to a period of international economic transactions in foreign currency-denominated assets (or creditor) and liabilities (or debt)‚ caused by fluctuations in the exchange rate and its value will go up and possibilities. Risk of stake-holder including government‚ enterprises‚ banks‚ individuals and other sectors‚ they are facing the risk of exchange rate fluctuations. Classification 1. Transaction
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[pic] Functions of Stock Exchange - Main Functions In The Market Post : Gaurav Akrani Date : 11/01/2010 12:00:00 PM IST Comments (2) Labels : Economics 1 [pic] 1. Continuous and ready market for securities Stock exchange provides a ready and continuous market for purchase and sale of securities. It provides ready outlet for buying and selling of securities. Stock exchange also acts as an outlet/counter for the sale of listed securities. [pic] 2 [pic] 2. Facilitates
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Foreign trade financing is an integral part of banking business. Documentary Credit (also called letters of credit or “L/Cs”) is the key player in the foreign exchange business. With the globalization of economies international trade has become quite competitive. Timely payment for exports and quicker delivery of goods is‚ therefore‚ a pre-requisite for successful international trade operations. Growing complexity of international trade‚ separation of commercial parties across the globe and operating
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The needle exchange program provides sterile needles in exchange for used dirty needles. Research has stated that with a program in place will reduce HIV and hepatitis C. The program will provide counseling and help educate the drug users. I am against the needle exchange program. The needle exchange program supports drug users in giving sterile needles. Needle exchange program’s are telling our children it is acceptable to use drugs because the government will supply clean needles. The legislation
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contemporary life. Globalization is creating widespread changes for societies‚ economics‚ and governments. Since the invention of the steam engine‚ transportation and communication limits have faded away and‚ with the development of the Internet‚ practically disappeared. A case can be made for the proposition that trade‚ throughout history‚ has been the main engine for the development of the world as we know it today. In his book‚ A Splendid Exchange: How Trade Shaped the World‚ William J. Bernstein
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growth of Pakistan. Pakistan has struggled in the field of economic progress since inauguration. However in the recent past decade from 1999 to 2008 it was observed that Pakistan has seen the apex of economic progress. During this period the stock exchange out performed‚ there was an easy access to cash around the country due to low interest rates. Pakistan attracted record foreign direct investments (FDI) and there was no dearth of money
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