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Page 67
These deposits, unlike the regular foreign exchange earnings of the country, are
freely transferable. Besides, a num, bered account system for recording and
servicing of the deposits is being adopted. Under the so-called swap
arrangement, ...
These deposits, unlike the regular foreign exchange earnings of the country, are
freely transferable. Besides, a num, bered account system for recording and
servicing of the deposits is being adopted. Under the so-called swap
arrangement, ...
Page 40
But with Japan, the case for changing the exchange rate of the undervalued
currency is overwhelming given the nature of the nation's economy. Revaluation
of the currency would make exports less competitive abroad, and imports easier
to ...
But with Japan, the case for changing the exchange rate of the undervalued
currency is overwhelming given the nature of the nation's economy. Revaluation
of the currency would make exports less competitive abroad, and imports easier
to ...
Page 67
The only source of foreign exchange inance for this illicit traffic is foreign aid. The
question is not whether aid is tapped but how it is tapped. Aid gets tapped not
directly but indirectly. Remittances o and from India may be effected through two
...
The only source of foreign exchange inance for this illicit traffic is foreign aid. The
question is not whether aid is tapped but how it is tapped. Aid gets tapped not
directly but indirectly. Remittances o and from India may be effected through two
...
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