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" ... the variable price. Hence the higher the exchange between any two places, the more it is in favour of that which receives the variable price ; the lower, the more in favour of that which gives the variable price ;— the exchange being said to be... "
A manual of commerce - Seite 192
von William Waterston - 1840 - 248 Seiten
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A cyclopædia of commerce, mercantile law, finance, and commercial geography ...

William Waterston - 1843
...variable price; — the exchange being said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that...foreign payments. Thus London receives from Paris a variable number of francs and centimes for £\ sterling; and taking the par at 25 francs 111 centimes...
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A Practical Treatise on Banking, Band 1

James William Gilbart - 1856 - 723 Seiten
...variable price;—the exchange being said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that...amount of foreign payments. Thus London receives from "A foreign bill of exchange is an order addressed to a person residing abroad, directing him to pay...
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The merchants' and iron trades' guide

Joseph Hogg (of Newcastle-upon-Tyne?) - 1858
...exchange would be at par. Exchange is said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that place i-; required for discharging a given amount of foreign payments. Hence, London receives from Paris...
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A Cyclopaedia of Commerce, Mercantile Law, Finance, Commercial Geography ...

William Waterston - 1863 - 1000 Seiten
...variable price ;— the exchange being said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that...foreign payments. Thus London receives from Paris a variable number of francs and centimes for £1 sterling; and taking the par at 25 francs 34 centimes...
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The principles and practice of banking

James William Gilbart - 1871
...variable price;— the exchange being said to l>e favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that...foreign payments. Thus London receives from Paris a variable number of francs and centimes for II. sterling ; and taking the par at 25 francs 34 centimes...
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Banking Theory, 1870-1930: The principles and practice of banking

Forrest Capie, Geoffrey Edward Wood - 1999 - 672 Seiten
...variable price;— the exchange being said to be favourable or unfavourable to any place, according as a smaller or larger amount of the currency of that...foreign payments. Thus London receives from Paris a variable number of francs and centimes for 11. sterling ; and taking the par at 25 francs 31 centimes...
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