Foreign Currency Asset definition

Foreign Currency Asset means any Asset which is denominated or payable in a currency other than Dollars.
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Foreign Currency Asset. ’ in relation to a person means any amount in foreign currency—
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Foreign Currency Asset means any asset of the Issuer consisting of a loan, deposit, claim or other asset that by its terms is payable in foreign currency.
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Examples of Foreign Currency Asset in a sentence

  • A Resident Entity without Domestic Ringgit Borrowing is allowed to invest in Foreign Currency Asset up to any amount.

  • A LOB, licensed insurer or licensed takaful operator may invest in Foreign Currency Asset up to any amount for its own account.

  • See also Note 3, "Goodwill and Other Intangibles Resulting from Business Acquisitions." Foreign Currency Asset and liability accounts of international operations are translated into U.S. dollars at current rates.

  • See also Note 3, “Goodwill and Other Intangibles Resulting from Business Acquisitions.” Foreign Currency Asset and liability accounts of international operations are translated into U.S. dollars at current rates.

  • We hereby declare that pursuant to Notice 3: Investment In Foreign Currency Asset issued by Bank Negara Malaysia (“BNM”),I / we have domestic ringgit borrowing*, and will monitor my / our foreign currency conversion / investment in compliance with the BNM Requirement.I / we DO NOT have domestic ringgit borrowing*.

  • I/We have read and fully understood and shall comply with the requirements of the rules of the Foreign Exchange Administration of the Bank Negara Malaysia (“BNM”), including but not limited to, the rules in relation to Domestic Ringgit Borrowing9, and/or other requirements of the BNM or any other relevant authorities from time to time.9 Domestic Ringgit Borrowing is defined under the Notice 3: Investment in Foreign Currency Asset, issued by BNM.

  • Net Foreign Currency Asset/ (Liability) Position ofMonetary Items (=1+2a+5+6a-10-11-12a-14-15-16a)4.461.8052.258.865180.7313.50019.729.46510.649.921(158.430)-22.

  • I/We further agree that all the terms, amounts and facts as stipulated in this Declaration in relation to Notice 3: Investment in Foreign Currency Asset of Bank Negara Malaysia Policy Document on Notices on FEA Rules and all other relevant documents, namely Application For Opening of Trading Account of ABMB/AIBB and Supplemental Terms and Conditions For Alliance Foreign Share Trading (“Agreements”) shall be binding on me/us as the client(s).

  • Net Foreign Currency Asset /Liability5,749,196271,2761,956Position of Monetary Items(=1+2a+5+6a-10-11-12a-14-15-16a) 31,883,121 5,749,190 271,276 1,956Used for Foreign Currency Hedging ----denominated assets hedged ----denominated liabilities hedged ----25.

  • On receipt of such instructions, the proceeds^ Definition of Investment in Foreign Currency Asset includes together with profit will be credited as per settlement instructions.


More Definitions of Foreign Currency Asset

Foreign Currency Asset. , in relation to a company, means an asset of the company —
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Foreign Currency Asset. FCA”) Offshore means:
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Foreign Currency Asset means Foreign Currency Asset Offshore and Foreign Currency Asset Onshore.
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Foreign Currency Asset means a debt claim that is denominated in a currency other than SYs;
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Foreign Currency Asset means an asset denominated in, or the amount of which is otherwise determined by reference to, a foreign currency and includes the notes and coins of such foreign currency;
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Foreign Currency Asset means any Pool Asset which is denominated or payable in a currency other than Dollars.
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Related to Foreign Currency Asset

  • Foreign Currency means any currency other than the currency of Kenya;

  • Foreign Currency LC Exposure means, at any time, the sum of (a) the Dollar Amount of the aggregate undrawn and unexpired amount of all outstanding Foreign Currency Letters of Credit at such time plus (b) the aggregate principal Dollar Amount of all LC Disbursements in respect of Foreign Currency Letters of Credit that have not yet been reimbursed at such time.

  • Overnight Foreign Currency Rate means, for any amount payable in a Foreign Currency, the rate of interest per annum as determined by the Administrative Agent at which overnight or weekend deposits in the relevant currency (or if such amount due remains unpaid for more than three (3) Business Days, then for such other period of time as the Administrative Agent may elect) for delivery in immediately available and freely transferable funds would be offered by the Administrative Agent to major banks in the interbank market upon request of such major banks for the relevant currency as determined above and in an amount comparable to the unpaid principal amount of the related Credit Event, plus any taxes, levies, imposts, duties, deductions, charges or withholdings imposed upon, or charged to, the Administrative Agent by any relevant correspondent bank in respect of such amount in such relevant currency.

  • Eligible Currency means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.

  • Foreign Currency Letter of Credit means a Letter of Credit denominated in a Foreign Currency.

  • Currency means any currency or currencies, composite currency or currency unit or currency units, including, without limitation, the Euro, issued by the government of one or more countries or by any recognized confederation or association of such governments.