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FOREIGN CURRENCY TRANSACTIONS (BANKING)

Statistics Directorate    
Definition:
Foreign currency transactions refer to transactions denominated in a currency other than the local (domestic) currency of the country in which the banking office is located.

Source Publication:
Guide to the International Banking Statistics, Bank for International Settlements, Basel, Switzerland, 2000, Part III – Glossary of Terms.

Hyperlink:
http://www.bis.org/publ/meth07.pdf

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Monday, November 12, 2001