foreign-currency

Underscoring the urgency in senior levels in the Brazilian government to tackle the rising real, Mr. Mantega announced the new measure—an extension of a 6% tax on short term foreign-currency loans to longer dated paper—during a prime time televised news conference.

Brazil Adds Tax on Foreign Loans John Lyons 2011

… Don't hold your breath though for S&P, Fitch or Moody's to follow through quickly on the long-term foreign-currency front, said Tim Ash , an economist at RBS in London.

S&P Upgrades Turkey's Local-Currency Rating Joe Parkinson 2011

But the authorities have recently grown concerned about a spike in short-term foreign-currency borrowing from local banks as well as a spike in nondeliverable forward contracts.

Seoul Likely to Tighten Cap on Money Flows Kanga Kong 2011

Standard & Poor's rates the Philippines' long-term foreign-currency debt BB with a stable outlook, while Fitch Ratings rates it BB+ with a stable outlook.

Philippines Raises $1.5 Billion Via Global Bond Cris Larano 2012

In November, Standard & Poor's raised its ratings on the Philippines for the first time in 13 years, ranking the country's long-term foreign-currency debt at double-B, up from double-B-minus, and raising hopes among officials here that the Philippines could be beginning a series of upgrades.

Manila Pushes to Lift Debt Ratings James Hookway 2011

* Deferring exchange differences on long-term foreign-currency monetary assets and liabilities, and recognizing such differences over the period of the underlying asset/liability IFRS requires all such differences to be immediately recognized in the profit-and-loss account

Taking Stock of India's New Accounting Policy Jamil Khatri 2011

The ratings companies, acting less than nine hours apart, cut their long-term foreign-currency ratings to AA from AA-plus and the local-currency ratings to AA-plus from AAA, with stable outlooks.

S&P, Fitch Downgrade New Zealand Rebecca Howard 2011

Mr. Lee's government introduced a cap on onshore banks' foreign-exchange forward positions to curb speculation on the won, reintroduced a tax on foreign investment in local bonds, and set a levy on banks' offshore debt to encourage longer-term foreign-currency borrowing.

Seoul Stays Vigilant on Capital Flows Se Young Lee 2012

MOSCOW—Standard & Poor's Ratings Services cut its long-term foreign-currency rating for Belarus to single-B from single-B-plus, warning that the country was rapidly running out of foreign currency, while residents lined up at exchange offices in the capital seeking to convert their rubles.

Belarus Downgraded by S&P Ira Iosebashvili 2011

Tuesday's move by the Belarus central bank, confirmed by a spokesman, comes a week after Standard & Poor's cut its long-term foreign-currency debt ratings for the country to the highly speculative single-B from single-B-plus, warning that Belarus was rapidly running out of cash.

Belarus Halts Forex Sales to Banks Ira Iosebashvili 2011