Countries that had relied on overseas investors to finance large trade and budget deficits must deal with a newly hostile investment climate.
As their name implies, merchant banks' function is to finance trade.
There he financed international trade in a number of commodities, such as coffee, sugar and metals.
They are used to finance trade in the short term.
The bank specializes in financing trade and shipping, as well as managing the portfolios of the rich.
The demands for gold during this period were as a speculative vehicle, and for its primary use in the foreign exchange markets financing international trade.
Bankers Acceptances 6.78 Discount rate in the secondary market for bank credits created to finance trade.
British overseas banks were set up to finance trade between Britain and its Empire.
These euro-dollar deposits were then used by banks to finance international trade and investment.
The primary function of the credit system throughout the 1970s was to finance trade and the public sector, which together absorbed 75 percent of total advances.