but even simple trade theory recognizes that bilateral balances almost never matter. It is the direction of capital flows that will direct the trade imbalances. This is why Germany’s net capital exports, mainly in the form of bank loans, to peripheral...
With a multi-currency account, you can pay your suppliers in Chinese yuan and receive payments in US dollars, Australian dollars, and euros without the need for currency conversion. This setup simplifies international transactions by eliminating the complexity of maintaining separate accounts for each ...
Base currency (US dollars, Euros, or British pound sterling) Date of birth You’ll also be asked a few questions about your financial status, employment status, and trading goals. How To Verify Your Identity At Fortrade To verify your identity withFortrade, you will need one document forproof...
In the foreign exchange market, a historical exchange rate is the average exchange rate between two currencies over some specified period of time. In accounting, a historical exchange rate is the exchange rate between two currencies that prevailed at the time an asset was acquired or a liability...
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In the letter they spoke about several amounts and they were in Euros! There was also attached a form I had to fill in. I said to him that I didn't have the money (650 euro). He asked me to pay then if I received my salary and that, when he would come here in a few weeks...