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TitreFINAL REPORT THE STUDY ON THE OPERATIONS OF FOREIGN CURRENCY DEPOST ACCOUNTS AND THE LOCAL FOREIGN CURRENCY CHEQUES CLEARING ARRANGEMENTS IN MEFMI MEMBER COUNTRIES
AuteurMEFMI
ThèmeBanks and Banking, Foreign Currency
Date de publication2008
ÉditeurMacroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)
Nombre de pages98 pages
LangueEnglish
Couverture géographiqueAfrica
Mots clésFinancial Systems, Bank Deposits, Dollarisation, Foreign currency cheques
RésuméIn the last three decades or so, most of the countries in the MEFMI region have been undertaking economic and financial reforms aimed at liberalising their trade and exchange rate regimes. One result of that liberalisation is the emergence of foreign currency deposit accounts in the domestic economy. These foreign currency accounts have created the need for efficient and safe mechanisms through which account holders can transfer value to one another for payment settlement. This report presents the findings of a survey conducted among the MEFMI member countries to look into the nature and operation of these foreign currency deposit accounts and in particular the arrangements that member countries in the MEFMI region apply in the clearance of the locally issued foreign currency cheques.
Détenteur du copyrightMacroeconomic and Financial Management Institute of Eastern and Southern Africa (MEFMI)
Copyright URLhttp://www.mefmi.org
Taille du fichier375332 MB
Format du fichierPDF
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