I. INTRODUCTION Transnational capital flow is a term coined to describe the movement of capital across national boundaries. International financial and capital flows have experienced a phenomenal upsurge during the late twentieth century. According to the latest estimates‚ foreign exchange to the tune of one to two trillion US dollars is transacted internationally every day. Significantly‚ exchanges in trade and services constitute only a tiny fraction of these transactions‚ while the majority
Premium Economics International economics Investment
calculate monthly budget‚ generate reports after manually filing data into excel sheets after collecting paper copies from various departments. This process being manual can induce human errors and can be time consuming. In the swim lane diagram below‚ we can see the flow of the
Premium Report Unified Modeling Language Budget
Definition of Currency Crisis: A situation in which the value of a currency becomes unstable‚ making it difficult for the currency to be used as a reliable medium of exchange. The effect of a currency crisis can be mitigated by sufficient foreign reserves. A currency crisis is a type of financial crisis. When is the Currency Crisis started? The Asian Financial Crisis was beginning in July 1997. The crisis started in Thailand with the financial collapse of the Thai baht caused by the decision
Premium Philippines United States dollar Currency
National banking & delivery systems along with cultural & training challenges were evaluated too. Based on Iran governmental services constraints‚ we presented an appropriate architecture for large scale online shopping systems. Some of design phase diagrams are presented that could be useful for software developing companies. Index Terms—B2C‚ Electronic Commerce‚ Online Shopping System‚ SDLC Phases. I. INTRODUCTION As electronic services are dependent on many governmental and private organizations
Premium Electronic commerce
Both Class Diagrams and Use Case Diagrams are used in the requirements determination of object oriented development. Object oriented development is an approach to system development that uses the object as the basic unit of systems analysis and design. Use case shows the relationships among actors and use cases within a system. Class diagrams are widely used to describe the types of objects in a system and their relationships The purpose of Use case diagram is that it shows the interaction
Premium Use case Unified Modeling Language Object-oriented programming
The Indian rupee (symbol: INR; ISO code: INR) is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India.[2] The modern rupee is subdivided into 100 paise (singular paisa)‚ though as of 2011 only 50-paise coins are legal tender.[3][4] Banknotes in circulation come in denominations of INR5‚ INR10‚ INR20‚ INR50‚ INR100‚ INR500 and INR1000. Rupee coins are available in denominations of INR1‚ INR2‚ INR5‚ INR10‚ INR20‚ INR50‚ INR60‚ INR75
Premium India Money
when their home currencies appreciate in real terms against foreign currencies and prosper when their home currencies depreciate in real terms. Lets us talk about the impact of exchange rate fluctuations on the exports and imports of a country. Exchange rate is simply the value of one currency in terms of another currency. In the international trade market‚ exchange rate plays a vital role for the demand of a product. Let us see how. Lets us consider a scenario when a home currency say Aussie $
Premium International trade Foreign exchange market Exchange rate
What is devaluation of a currency? It refers to decline in value of a currency with respect to other currencies‚ which is most of the times brought by central bank. It should not be confused with term depreciation of currency which is a decline in currency value due to market forces without interference of government. When does this happen and how? This happens mostly in developing countries which don’t allow currency prices to be determined by market forces. What happens is that they want to
Premium Bretton Woods system International economics Inflation
Currency derivatives Introduction Currency derivatives come in to existences as a hedging tool. As against unfavourable appreciation and depreciation of a single currency. Exporter‚ importer and financial investor have developed a vast range of currency derivative instruments are also used by speculators willing to arrange future currency selling or buying contracts while hoping hoping to buy or sell the currency at favourable anticipated exchange rates in the future. This act of speculator
Premium Futures contract Derivative Derivatives
details Input Data Flows : ORDER DETAILS Output Data Flows : CUSTOMER DETAILS‚ ORDER DETAILS Process description : This process accepts all customer order to rent DVDs and then stores all customer details and order details in the memory. Notes : The system stores the customer and order details. Data Dictionary entry for a process 2 process name : Cheak Order Availability Process Number : 2 Purpose : Process orderdetails by cheaking stocklevel of item Input data flows : Stocklevel of item
Premium Output