OMICS International

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Currency substitution

Currency substitution occurs when the inhabitants of a country use a foreign currency in parallel to or instead of the domestic currency.Currency substitution can be full or partial. Full currency substitution has taken place in small countries, mostly in Latin America, the Caribbean and the Pacific that are heavily dependent on the United States. Partial currency substitution occurs when residents of a country choose to hold a significant share of their financial assets denominated in foreign currency. The foreign currency thus serves as a medium of exchange. Countries using flexible exchange rates can experience problems if there is a high rate of currency substitution because they can no longer control all currency types through monetary policy. The higher the rate of currency substitution, the greater the likelihood of monetary disturbances caused by changes in the foreign currency.

OMICS International Conferences has been organizing scientific conferences around the world progressively, rendezvous which include various streams of scientific study to enhance and accelerate discovery for a better tomorrow.OMICS Group signed an agreement with more than 1000 International Societies to make healthcare information Open Access. OMICS Group hosts over 400 leading-edge peer reviewed Open Access Journals and organize over 300 International Conferences annually all over the world. The number of reader views of the website has clocked 3.5 million and still counting.

List of Forex trading conferences in 2015:
1. Regulatory Compliance Exchange
2. Anti-Corruption Compliance in High Risk Markets
4. Trade Tech FX , USA

List of Societies related to Forex Trading:
1. Victoria Mutual Building Society, Philadelphia USA
2. Greater building Society, Australia
3. ACI Financial market association Paris, France
4. The New York Foreign Exchange Committee
5. ECB Contacts Groups
6. Hong Kong Treasury Markets Association (TMA)
7. The Tokyo Foreign Exchange Market Committee
8. Canadian Foreign Exchange Committee
9. Singapore Foreign Exchange Market Committee
10. Australian Foreign Exchange Committee

List of Foreign exchange related Companies:
1. ActivTrades
2. Beta 2 Limited
3. CMC Markets
4. Forex Bank
5. Global Reach Partners
6. Hirose Financial UK Ltd.
7. Western Union
8. TFI Markets
9. MoneyGram
10. UAE Exchange
11. InstaForex

This page will be updated regularly.

This page was last updated on 08th Oct, 2014

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