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The Monetary Board yesterday agreed that the " bank acceptances " ( drafts
issued by the business sector to be given to suppliers in exchange for
merchandise , which they in turn cash at banks ) will not have any reserve
requirementsfor ...
The Monetary Board yesterday agreed that the " bank acceptances " ( drafts
issued by the business sector to be given to suppliers in exchange for
merchandise , which they in turn cash at banks ) will not have any reserve
requirementsfor ...
Página 16
If the supplier cashes the " acceptance " upon maturity , he receives 100 percent
of its value ; but if he sells it earlier to get the cash ... Bank acceptances " will
facilitate transactions between national and foreign merchants and suppliers .
If the supplier cashes the " acceptance " upon maturity , he receives 100 percent
of its value ; but if he sells it earlier to get the cash ... Bank acceptances " will
facilitate transactions between national and foreign merchants and suppliers .
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Contenido
COLOMBIA | 1 |
Capital Amounting to 50 Million Repatriated in | 8 |
Monetary Council Approves Plan To Promote Trade | 15 |
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acceptances achieve addition administration Agreement agricultural American Answer Augusto Ramirez Bank basic Bogota called carried Central coffee Colombia complete congress Contadora continue cost crisis demand democracy domestic Dominican economic ECOPETROL effects effort EL TIEMPO elections enterprises established expand exports fact February forced foreign foreign debt funds going housing important improve increase indicated Institute integration interest investment issue Latin living loans maintained major March means measures meeting military million minister National negotiations Nicaragua Pact payment peace percent period pesos Planning points political position possible President problems production projects proposal Question rates representative republic result Sandinist sector signed situation social submitting substitute talk Text TIEMPO trade Union United workers