ابدأ بالتواصل مع الأشخاص وتبادل معارفك المهنية

أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.

متابعة

What is "Capital Account Convertibility" ?

user-image
تم إضافة السؤال من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
تاريخ النشر: 2014/10/12
Khaled Abdelrehim ACCA DipIFR CMA
من قبل Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

It is the freedom to convert local financial assets into foreign financial assets and vice versa at market determined rates of exchange.

Vinod Jetley
من قبل Vinod Jetley , Assistant General Manager , State Bank of India

When capital assets can be sold and proceeds be transferred into another currency.

khalid Hassanien
من قبل khalid Hassanien , Financial Manger , Alrwania Ltd

In a country's balance of payments, the capital account features transactions that lead to changes in the overseas financial assets and liabilities. These include investments abroad and inward capital flows. Capital account convertibility implies the freedom to convert domestic financial assets into overseas financial assets at market determined rates.

It can also imply conversion of overseas financial assets into domestic financial assets. Broadly, it would mean freedom for firms and residents to freely buy into overseas assets such as equity, bonds, property and acquire ownership of overseas firms besides, free repatriation of proceeds by foreign investors.

Khaled Mohee Eldeen Abbas Mahmoud
من قبل Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

i agree with all of the answers provided

georgei assi
من قبل georgei assi , مدير حسابات , المجموعة السورية

Agreed with colleagues answers

Thaikkattil Mathew Joshi
من قبل Thaikkattil Mathew Joshi , Group Credit Controller , Gps Group,Dubai.

Value of the capital resources shall be convert globally with  a standard exchange rate. I agree with all of the answers provided 

 

 Joshi Mathew

Certified Internal Auditor #1036906

Ravshanbek Abdullaev
من قبل Ravshanbek Abdullaev , Accountant , Fajr Al Mustaqbal General Trading LLC

It describes the feature of a country's financial system where local financial assets are traded freely into foreign financial assets at a market determined exchange rates.

Shamna Mohammed Ali
من قبل Shamna Mohammed Ali , Accountant , Almoayed Chambers

The ability to conduct transactions of local financial assets into foreign financial assets and vice versa, freely and at market determined exchange rates.It helps to attracts foreign investments.It offers foreign investors a lot of comfort as they can re-convert local currency into foreign currency anytime they want to and take their money away.

Jessica GIRY
من قبل Jessica GIRY , ENSEIGNANT , Collège Sherbrooke

سلام علیکم

Capital account convertibility is participation in the country's attractiveness for foreign capital.

It allows the repatriation of earnings of foreign investors.

On the other hand, it's capital flight and it allows the volatility in exchange rates, fluctuations in foreign exchange reserves and interest rates.

 

Divyesh Patel
من قبل Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Capital account convertibility is the freedom to convert local financial assets into foreign financial assets at market determined exchange rates.

 

Abdul Rehman Zaheer
من قبل Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals

Agree with the rest of the gentlemen

المزيد من الأسئلة المماثلة

هل تحتاج لمساعدة في كتابة سيرة ذاتية تحتوي على الكلمات الدلالية التي يبحث عنها أصحاب العمل؟