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Screwe. Ta Hus dor ont et tourney than to Prep Datance af posymerte wiceoidungs , gchennaite ¢ wat, ML Ah Countbuex ave te" supesk cto, FUE thou. the posite 4 —fregn SULERME ~ Ae alt Be Counbuer Papel, ol ecg eae mae deco carced. Rey ne peng 7 kee Aolbar ($y - a> Dndin chad oa foren LOREAL - heise ADCO tnd Aa tt punk, Bo Tadeo | “ye fos Hantactcine omer pve. tundra the provisions h Foign Ercawe Monagement Bet (FE HAY : , Obyerbores a ‘draw 6p woreee OW four “Kontachone us Dads A To gaurd dovoloe aren Market tn Nadta RES “i The von Kollag cattery Un dose > Harley tn aereer ‘ © author © ; i oy RBL Ho -kand undeulake _ FOREM-hancactenc eo Gaclee, WH tndla ane ~le heaters Ranks —— Rudnesiged =F + Deorlow Druard Remibance | (Qulaboad Ra mitlence | Daath Aropeltcny Cheques (11) . Dawe Caeuanes Notes (¢ |) a Entarh Cn ‘Renisthewnes > To tend ] oto aeculye,, qi | re ‘ sea G banks in Drdha shows token " 5 poumivsten fen Red ts cel eth f _ | exrenran ges | Lut shanrathenr é 4 a Nerd nol the notified: bo RAD. | oak, vat he &) 5 ) front Araltre musk ow to RD ot ‘ee en sagWaeh? uot UL Later | ~ushare jranna cons havideleal “> ara be qnomtyied | by RAL | shad Hf et joltk dvoid ulate bark o uw : "Grane Can nondte fren eet 5 ac i : haves proper enffia® tu kan dhowtd s Oe iY oo stom ; cope fr forex Lansaction¥ Bakes, appre 60 agenerie, | autho D Some short a ree also Kove hod “Eq thomas tock , Cox & [exngs | cthey are eallia full fledged money Changers “Alay tan hondle anle lok Sour hantactor: Menlionca he Cerner e | / i. Ay nh sete . They tlould alo cuperl every finty ate Come hoktkk & hops walio have Hu authortaale They anc Calla Seoctriletid sone Choongens “hoy exo shandle rly lark 2 -rancachens +k Hors chaak a ene OMG Shi” Coon: Drdster i & Now Reeong te Salers a) i Dadar NOs Geert J walaion Wide Corbval Regula gg ty 4 4 Pachonge consol cnegule aaa “Spodk Dead with a Moverrent of funds Minted 4 Gormensate 2 taptysleg > Mibistng, m4 ‘neko . sDeet Poweu qee Jo Rog, ; eave Bae Thre riled ‘ yi Fe Cad forlorn ee. Bag vi Gniiol Manu! eis Sade pokey ib availa. pn woe bette Ag fb- gov in. Eachange Gobel Hana U available EO webb abi big. toV “Traniacticn ahom Gy dia. by tee ee Ex Flow Cras- ON “bans fos SI len unds > Banks es QBacta maintain fren CHOU, Eta roth bank abroad - “t SEP Maintain LZ dollar accounts Lot Ck By, Po, fom Whe eat a views % &Q9 oth Attouds Ba ee ar NostRo a fowe aétounk uti ed mMure a kame ale wolth fee He Pook % whens 4 C8 Bask vem ik saan as. \osteo” Be Lose acto weit uA) 7 “Treasahen a func ears Bre pote to anchun wakes qo boy Posing, vadbt 2 dart cone age Huse attounth snaintarnoal toy hanks cn Tndlo - = Serva coke ack “hanypiaat Phyently Wes ok 48 todly nd tune = enansng, + Packe én Drain oe ac couts « w Ailbexenk tourbade: woth the Yoasks” alovoad wait Ne Cusine a +s = Tp hae 4 Ten, 00.4 4 te bark 4 A Bae Count mewone but peat ately a AKO Yank Antu cout. chao are ; . . Serolady fe. congittig —hanvatonns demowincted supe y> bonles * abcvad Maribor Acroueli + on Capel wid Wank, en Aneta , 4: Bonet bank Lendon Mosman actount POPC A Bank + adie, Wurrdload .Fauburnrenti ured 06 aaah 4 fon de. ) Cah | Cansaney Notes : 9 Cheaystt ) Demand daaft a» Frewelerr Cheques (THe) 1) Crnottt | Debt [BTM canck Souity ated Wedel Bhtebeae HfdhanolalJeleom muricalion Cnet) “ Gaanational Bucness iyavee shana: fares Room ene 40 Aanchuin: . A m ca Us ansanged hr oasis fh eaalier d hs “tommunttation belwern franks abl over Mae wold usd +o be cota ptome consumers Rawle, | Sh over tome yee problannt chondefutl Bb prof: coms Sagpetedt oy aaa bank: Weald woldt Tnterbrark 7) wor fami at Cot of with on ambitions. idao : 1S Couslates the fociety eennstel Telrusmmunicablor (00 Poured, Bel quo 6 nadie: Rranctal net oor Mak ho Aend and meceave wfcimaton aeemne » Slandardied ? Lue Provides a WVituben. sudedd wide obouy honest -hanailent wo Ard subi endive monk “he gootely pron dus fer Aaptooone so cach ynembe bonk oF : fo poy coon amnvng momen banks u-dene pd SuiFt To Via GurtfT mechan Ao enue. —Mok? ug Be (ler, Saher and ChraperNe . apo, # Dtlun Madde ( ouypee chanehoe ef fonds RBG i tome ouk -eotth & sydteins : 2 Anon hee REET > NoHenat Eleibonto “pnd wed eet , RIGS —+ Real “heme Crow Rekiterneok : tay) (Gree). SA code which Hh aece pled 7 cacts ,toark brands, a a unlgpe TPic. | Datla dan edal Sern Coda Gawosien | Govencres > Rate Se gould be baowns |. 4 . No. anu 4 one touenes tn tems yet a another - Potions align 4, Exrharge ates | Fos Malet : eae sheer tornmodiies, “etal § = ead [ras seas ih Logs pad fas al 4G ne ' 4\ wt xe , GR fete rrcodkat wy Dida y banks Kdraterr) deal an fran Cuomoneres Ctrenme dives) eoth the: + eee A roaleng pols ite inka’ buy 2 dette valour chen Calsnancies” gn bagi =A “We Allerg, cote for tach {ua a Lt 7 1 Ox well & “neg an AY ten lg Cag tot to oases Wagiaus Thon, so bivfing, Sate —thre pe aut chitormure Sek heeLo Treble, att seen Cuseneds ont enactta ius oto como ‘Nd a tke Ont Ga OQ, fren nnaaeck wy Dadb (a aniachen udbatbas fe a ah > low "9 Type - Be ebbing. tape Ja drcieteot ‘ Wr pork vies ef ~The thank Chrabens wand Prom the rpont w view ae euttorn eos rete | crnpestur) io olden te bank otrenivex apr Me “cittomet Ast oe Trareatient ply . cunency, boggy “yr A tone applies Sbsupng, 227 Whee ot -hovcathent ip usr ah ‘eck ae fenign Cusrcn, “yor Re muteet a cing nage coe ase og bbe * Daok mh Godia —ifae 244-00 Jat so not : 7 a * — 44.00 FAO us felling, sole * ul Type a Trancachens Robi. Faget . BL Regeivee Fee SEEN 5 ep + Giver forerge Cuoenetf clnpet ; “e eG Wore . | Oubwsard Rernitance aR | Beane Travelling Chuqe ee | Decue Coveney not” ak | Encash TC be | be sh ODI Be ; |Enpotlrs [f Cenprilens & Brobta yar. scequaed to Undertake hantaihant clenomindted ch fereto couritin | «pots abroad + whito a such dup rrdbich wu Bap Cusaencier eoith thevr dc a sak , shy Oe enpoet’ sho vooy apotabsn) Aor nner uke . a oh(wy At acs sa Vilotile: | atponenat dyrancte rash | Sx Chemie changes erty A ec Ap Se te cules wnarlade + Sam) Dayers fay Banke , Crstomens - & Eagrrton pada ©) Culomt 9 Remillur | = Senda © Benapilanion, ~ aceevers: @) ROL (4) Apeualatins & fockweem Taare 2 a cutlomen BH peween wo hanks “0) beween | bank 2 Ra} . ae) Tacteu ofpetting movement | crthana’ note Cas, Book Manele << Puch “Trend 4} - tak ot Slash “Pound. Ge sed shat’ oe bulla Arend -* Horne cesar i hata agpectee + beasdel drendey, Hon A Crssanens & uty he Aapoecto€e .- Clee a (MOL Mink a end D) Babavxe + “Wade Dilys fren Courting do tounlar a cuuuesnet % a Count having, Agen tntesk obese Sstes rhe oppeioke wy the Ayak -feue Touk testy, Jo, dvpareet uy Hee veng fem Cento ati poste) & Bg Soda HE Gals ae high Ge Fe otnats “patents expecta rors NRE 2. Raper volar appreciates Avon Aaprectates ushan armency. 18 Bathdrow + neste tz and <, & Foloter Retes eer Denctes Py factor . by ane eal oto! r ue sf amon gant Bf Mrency wstrichy le prices 4 cormmoedes x Donstur paren Peres eA * a cepeney : “Ther axe cnvencely propria: Careney a 3 crusty having gleighier inflation ws Leal, te claprcctale_ <= 1 the oo) J re. FOL ¢ _ fan the eo, flomme. CE ° rn i te) appeccets ey thecal 4 wan < MC Weely bo dee aak& - pulang et Fol “AN a, aames & mmenctON a inesperte \p “potent dnelabtile WC Uh Slats to depredst . Le change in auling oe change ea 2h cheulmank , deci CF) FTrkervertten by RAN ty Boe monrket _ _ Bese Fle celle FC a “ ADemond €C. ASeppy €c dk v He ~Ukety to Aye dk Wed He Aeprtatty Apprecate : ae Te mae factor that ect “thee govemonl” * eotchonge sak Ke Bemond Ker ft sete | tappy % ¢ CEsULL A Cy HH few anahake mM ib Higher ee demand) chengur er cwneney {Maher dhe Geappl y ertoker 1 Cue {> i EO x othe croppace a ath the cibae Sartore on smnovernent S erchange Sater di cto be toncidersd ! wo totatitey, |r Lc ce | ft Tbe above aft help he tompanier eh Rectory txevownae wralec wustjoh enable them ajo fake apprepaiet poey Ausicione enor Martel / BD. 4 pair Malem + Ustestatatine | Nonsper teouru. | Prectncrau, ie “Tae =» Rates| customers ( Consens . Bq Bor mortet - re FP mokus > Rar , 6BL Raree Faker — Gther Wass » Cashomes | buy and ell Voriout i) em Dadi , Danks ! Gh foun martal 0 * craig PAR paige pacvander lolth he énkeniion . cl well as den banks srk aebymune being 92 as welh as Aolbiang eo fo each fuge cusvenug The oot Ore Aitaxmined by fhe bank a4 under ‘ ; be bank sublet J wd, woodveng ale bengng, stale = | pops angen from >" qeng wmacker be HN sol dy 15h ‘ b telling late the bank odes AMI Le aruivend wt td fe wong fo angourg emosdeh Aelorg rat (0) Rater qpoteol by bank coat “Un cectornort -need tale be Lame © Rat quoted by abt he Banks need role be Aame.ow Pe : Od atu Ae pend “per volume 4 eancaction LAN : ‘ ay (Regular wand valued, curcbomet an bbe -fo asatk > Curtom, mu cornpreed beter sal : Guy Rati dpend upee , Shag | of far as prope mangen vis entered | a cank “Banke Anny 4 esstve Grrowabre Man agreed fw BRR Ge a honk | ye ptr cave “Spey + to awold un ethteal proche ro New onke Phen, pete Putte fan ofan bs + Drouk valu and exchange SoS Ane Bayard” S snagaettante by custo , Se ; q ip “é : park LO ir Bl. > RA 001410 fork B or. 4a RA 4-05 faaie Rank C > tl: 43.95 | 14.05 @ Giver o holee @uf one wank! doPbee “ten bark C16 he best bank ¢ a i but bank ‘cbeeause ‘Aallg nat bank ¢ is dowet. BS a.due wank 4o Ardt dottan. tu best bank - becaute busting Sati a (ature fate Gneept >, 2 Foon 7 {erantarcborn 10 ye Pan exchange & fens los Ake bank and forex masteth Khe Reqpence 2 04 Under the ceutomor s Currencier Sou exchanged Iofus Ate rank & tte shorn _ | Bee ia Ara | Cebternont of curse 2 Vatu apt -harsactes| “fh _ a” stat Oe ca gpoted | cot T+ 2 welts aoe 8) Vadue forward Tedoy | hows ac Lene > Tra nays —y Bumad stoke qpoted | = = i f, € y oe ) Dp Aree wnowerk , dupa ing oper 2 Lit allowed Se Le ant | curfoncier — afte fining 2 ool, fren antatiene ou cas’ fed OA verter above = Meena | two a a fraycachon, — “To fin oa dos ace tordang. fo Wee heme & payor “Depending Lpen to vote dot Of {le -kancagken Cegot [Bro cand) 4 the bank appties appreprnte Stale Bank applie. Ape State (Oe arrtue ape! aniaihons Capot wrote sy the stade slic G woctenkly Preven Othe mand) whee hank applies —frocand a > value Prucord tramacton: (Pusord sat & tthe gate ushloh th — chen Bf 4 seve wn eo Wank oh Fite) « Cikaty toCin sherk dk ce “We state ferracted by he bony yo Cucina setlich 1k Lies, do be Bhonges future uk 4alol -fo be ok oa poumium r a A cr sen eo eee ey -ho be ¢hoa per iy fittiens us sald cto le aba de count « — A) cwmreney usted wh ihe do ke equal rfodore us ard do be eee 3 Be ok poten ans again Inve et ape - eis ga at ‘pabe ogasnat TNe wo .4 a ak a ducount agesnsk SNe Premium 2 dicount axe Collak ag Dipyrense betoun opt rats % fbuoord State is fear mov’ “Pusoxd Nonget ayo — = pecerniusn 4 Diecoust -b, fowond o0% we a combrotign att cand feiword anges ‘) ee ea Added fo gol rate Moods Hb -Busad sul 2 dkteount Subleaded “le appt wag Dreads —to Paver BRAY + SRD = CR. eas SR+P = FREES: 2, tu o Generally, ed anaten te wowldix _gp0k staf, qpofator cand premio [discount - “frei Cuntenee in Ams \ anna biged Prerege obs} ’ pared 80 4 Caer ene can eabeutate ~fruoond ale fs an Arwod oe uy Faward Stabe qpiea oq ~the ank fo o festiane shariactiory and —te spot ade actually feerdaluing \ ip ee mortal [tune sneed nok be fame because fuvana stake qucted by He bonk a a fete -komaction Ja a a feucact on the cant, hank ax for % seater Blaty te pos dad wn {tee : us \ on by tte bank roll * fa Tes soln onto cams haaer { aoving ax sfuconl Te ty “Post ec end - speeseot Aer 0to C Spet alk) Ton (demava | supply es forex manlet ) Gu) Jutice HPI Cusviency uw Sutiow) : In reotbanitey a cfr rancatlion rolls fe ton cormeck furs CAEVLAN ACA futons aplow.+ Noe mraaitert (> Velatlity q Stalks eae < volatile (Rohuuak raee cpoaily priate.) Next pb- Clan 4 Patek Rate Tale, Paine ple Prcant sabe (0+ Seto O* Tass = Mumber a aa CUAL Y aor & t be ancl CHrveney: ¥ wT Yeon Ne rol name 1 A a ae ey. *, oe a Neuehe =% bee — wk Oy, 10% + 4» Toe spucord vot =k1E-35 | 4 ~ Sn cai and prepoly, dructoped amarkats fracore sol OL esi % function > Apok Sat anc woud State alien te doetivern chor Cuarencts Concerned ek ee Tae Raines pl trou method to caleutati —Rrioorg Sate hota @ spunch artng LOL Post neple or funeheneg, grits patty prbsgiy ty telich intaud sol Cy Be athoue —foumeln ote by whtahen Soler tn too coumbuts tencerned._- tapestons | Tenpirtens cto qluctuatisn a, rogin coterol- Wai, our te yprroduack [Rudi vatine Wy Andia are oapoced Ao odle hse : exchange stat, oll uk helen pac smniavenge Cadtud As Dag mpectoncty Aot (sy cRined Soke >, exchange ° we Rink hoo cornpancnts gwen by ie eustornin , Hae bank vail ack appepsiate Sole +” . Rucard Contanck es & wugnt + OE ax dard that fr the bank and Dt woth Ds 20 woligation - se Customer G_ meanc that she tranvacken he Lundsntabun ak he stale oes wy mruel fricart conlract oo pectin * actualty proeerg ta Whe smaaket dan. * ron cota The Apok Stk 4 ae the A>? fouward Comtrade Ub a pees asrailalole * Hae toreprenies tn rdla to sminivnge Me surah | due to fluctuation . exchange other nk fe smurniongeg geht: | | w+ Hawing drooked a dfpuvona contrat (or a | Kanaetters, Her are woo posible ALNGINOS Dy | under . . . » pepe: wl U gation | Bf aPopond, conburk ») Goultlation 4 —Ruword conlrock , 09 which Cone the bank Ga Swgpoud Ao undetlaber crrectiue Maps i dhe onan at the cbt prvrlling. 9m tak: doy. _ Dy downg, do, the bank Nay Dust o doi AR moke a gun hones one sucovined futem Yee cudomer ‘lout Qn tke ners to HE Cuniehb nee, * Goenpanien mut honmur he contract * Bosks fon gine atenost 9 doe adderall do am Ompory fo emplite the Kantian accord” - sthe tear te fa aft dot us 2 tit+“ Ds tt (ue snd posite shew Ake Companies tor a Aate ist poymmnt Re ~follovowng, ctrannges choices sso Me ceenpanye fos fats Lote axe. aver (1 fnork — kote ty -fabiow Bay week at He anonth. C1 )2]3]4) @) oy fy —Retrrget che month. Cr oy ee enon a chow fo Loar det), (A) Pong. doy wn —Depencting pen Ane Chole Kelner! boy Hh Cuttomén , ae. bank —voilt que appoopsiats Hoke > Bank Wher out Sate fo those Csbornens who enocke > Aoce choice , howe, gale, ; Actuct q Nee vbeeoure tt Cutormenc pethe: fiat amoath cho puesta oe Yeeoly - fe the compares to book range Clty #291 dy not mandate hrunacd contact ee each sand every. +The Chole chpends pen a), ome Precarted by the cemmpar (> Sot alhesd by “the hack ~~ Housever onaing ofa elon, apeeeeng exchonge sat, au cbegoret he aa 2, foenponsy Aboutel emo e SLE j contre! a Hee a —fistomrct enten unto fafeae asiin he. Joonk for pet Amount +o wont Bada eck! uw adopt he abroitey'y at seoatk & aooth + fe la balance Amornt . : _ Nhat —pransracken ndpecord tontract enabler ~he companies ty eas slo know avith textacn ld yobhade -sfatine Conk 4a ee cael cand goyables) dy bared Or ewhtdr the Corp, (Brogan Ceorrence steam “a AUMees Can) “fake -apprepesats gory Aeeinons - Taco ha pe af tat bebe Page ny D. oo ey ay ayer seontns | Hey_venetlly $ nooo hooeee wt @4y, $ 100 x eH foment : E.Qgooeee OQ - . 4 10 1000 slew, , geoco EQS a 5 ganx000 - BRELOCO Sie Qe eeord cholee Gy beta Susy but wonaney fe: hewow ve 3 (arogan ios in Grea chave wo chotte fo barrow phon UN SuypetA ( Home Gurnereed) mR ww “Prag? Ay oune ve : 5 The Chole dapencls tepon cfottow sha, (actor Uy Obteut “Roite “Diffreotion (Pep) Pipaence betioeen tolourk Sater Bc vtee caovure!” Tm the above example Mp = ey. ‘pe: (ta-4) @) Fac © Roke Differerttor (£20) Diffeene boetivesn, Ago’ 20% and Puaad * 7> at ace Creve ness oO spreentange : Sn +t = above example Eaep: «ey Pa a a7 39 —- 2 Lp presi YF wo Ss PMS pee: teow tax) 18 Y. Wee aeaxd Beeell Be ke above caanple ERD w gente thes feo (ie 18>) 3 ot us dle Zeen that ak ws hear -& He Compares - do Sivicus ty home Geen > Youu bee Hu Hour Sule we undir Tf ERD >DRD fren Revo ac a Try >ERD _, othe _becraw wn FO. ~~ In @e, tn the above example we seeplace = state C4 SFI = 2 00/e2-02, fay Calentat FED (> ele Goer &. three month x fuicorrel (ay 2D * 100% 12 Ode eae besrcutes Now TRD> ERD, 40 she eBonpany ghoutd becrece (b ; PD ty ; CDE Brae st ve chen pr fo Ha company Ahold anter who, O -frccancl con taacl toith Mow bane =P mnintont ze ye surk due do Slrefaatien % menor got, fprrcw fret casucency, thenx Ss leads dog. shea a the payable et fhe oreceivalbls book foo. a ek Advance ea Browadiont ey, Aden Fastgn Waly to ¥ Ghaty to . p agpste | Aapreclate aa x Tf ee Recedvalhes lee , feae! “Pontes lead \ Bark Blo. chars socdrvable tH Euro. Lf and poy ose wn GAgapeu dottlar (2f) : Raper an Like to depractite again os bur Baty to Appretr againsk ging. See Cengage @ eh Souceivablu 2 TOY alle (by dead bolo - ~ (ty tog sudan. 2 toad Payables co lag both -Solution Gar % Co SS wot Pv (2) fv Ev \ | oe —_ Reeetvalies © Powpalshex £00 S$h100 2 = 280 S$ > Race 2 Kooo ao g - Re LE 2 RAT x &00 aie: a A Reercveng mere taker “Paying yt + ng sae ee Later— * Leloct whe beat Lea for a trons alien = Given a cholee. oy Devotee Capes ina ae wolrch & Chet le appreciate ogansh Rupee urfiase se Trwolee umpeck am Oe Correct eohich UA Lika, to depreciate agaunst supe (vy Rerrow AD a cer workin 4s a tbo dupe etal ean aanst oupees wow as Dovest ty & Cusvceney, sich oa +e agprecnte agen st SUPE « Ene é Fannvu Foutgn Goreney (REFS PAccounk Khare. | — . — (Refer aoe gent)