Answered: E-X-P-L-A-I-N- -T-H-E-…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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E-X-P-L-A-I-N- -T-H-E- -R-E-G-U-L-A-T-I-O-N-S- -O-F- -F-O-R-E-I-G-N- -E-X-C-H-A-N-G-E- -O-P-E-R-A-T-I-O-N- -O-F- -T-H-E- -B-A-N-K-S- -I-N -T-H-E- -P-H-I-L-I-P-P-I-N-E-S-

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I am not satisfy with the provided explanation, give examples of given regulations below for me to understand it more. plases base in the Philiipines monetary regulations.

T-h-e- -r-e-g-u-l-a-t-i-o-n-s- -g-o-v-e-r-n-i-n-g -f-o-r-e-i-g-n- -e-x-c-h-a-n-g-e- -o-p-e-r-a-t-i-o-n-s- -o-f- -b-a-n-k-s- -i-n- -t-h-e- -P-h-i-l-i-p-p-i-n-e-s

1. -A-u-t-h-o-r-i-z-e-d- -A-g-e-n-t- -B-a-n-k-s (AABs)
2. -F-o-r-e-i-g-n- -E-x-c-h-a-n-g-e- -M-a-r-k-e-t-
3. -F-o-r-e-i-g-n- -E-x-c-h-a-n-g-e- -T-r-a-n-s-a-c-t-i-o-n-s-
4. -E-x-c-h-a-n-g-e- -R-a-t-e- -P-o-l-i-c-y-
5. -F-o-r-e-i-g-n- -C-u-r-r-e-n-c-y- -D-e-p-o-s-i-t- -S-y-s-t-e-m-
6. -R-e-p-o-r-t-i-n-g- -a-n-d- -D-o-c-u-m-e-n-t-a-t-i-o-n-
7. -A-n-t-i-M-o-n-e-y- -L-a-u-n-d-e-r-i-n-g- -M-e-a-s-u-r-e-s

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Follow-up Question

T-h-e- -f-o-l-l-o-w-i-n-g- -a-r-e- -s-o-m-e- -r-e-g-u-l-a-t-i-o-n-s- -g-o-v-e-r-n-i-n-g- -f-o-r-e-i-g-n- -e-x-c-h-a-n-g-e- -o-p-e-r-a-t-i-o-n-s- -o-f- -b-a-n-k-s- -i-n- -t-h-e- -P-h-i-l-i-p-p-i-n-e-s-

P-l-e-a-s-e- -e-x-p-l-a-i-n- -e-a-c-h- -a-n-d- -g-i-v-e- -s-o-m-e- -e-x-a-m-p-l-e- -f-o-r- -m-e- -t-o- -u-n-d-e-r-s-t-a-n-d- -i-t- -m-o-r-e-.
N-o-t-e-:- -t-h-e- -t-o-p-i-c- i-s- -F-o-r-e-i-g-n- -e-x-c-h-a-n-g-e- -o-p-e-r-a-t-i-o-n- -o-f- -t-h-e- -b-a-n-k-s- -i-n- -t-h-e- -P-h-i-l-i-p-p-i-n-e-s-

S-u-b-j-e-c-t- -:- -M-o-n-e-t-a-r-y- -p-o-l-i-c-y-

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