bancor sentence in Hindi
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- The bancor was to have had a fixed exchange rate with national currencies, and would have been used to measure the balance of trade between nations.
- Connecticut stocks rose for a third week as shares of DS Bancor Inc . surged amid speculation the bank holding company may be the target of an acquisition.
- Webster Financial Corp . agreed to buy DS Bancor for $ 137 million in stock, expanding its presence as the second-largest bank based in Connecticut.
- Derby-based DS Bancor Inc ., the holding company for Derby Savings Bank, was among the biggest gainers, rising 1 to 27 3 / 4.
- Signed by 53 countries and rejected by the US in 1951, this Charter was a trade agreement that would have established an international currency known as the bancor.
- Nations that imported more than they exported would have their currency depreciated against the bancor; encouraging other nations to buy their products, and making imports more expensive.
- Currently the SDR s are the closest thing to the proposed Bancor but they have not been adopted widely enough to replace the dollar as the global reserve currency.
- Next month, Venezuela's state tax agency plans to move into the headquarters of Banco Maracaibo, and the Superintendency of Banks is eyeing Bancor's tower.
- Surplus countries with excess bancor assets and deficit countries with excess bancor liabilities would both be charged to provide symmetrical incentives on them to take action to restore balanced trade.
- Surplus countries with excess bancor assets and deficit countries with excess bancor liabilities would both be charged to provide symmetrical incentives on them to take action to restore balanced trade.
- Shares of Derby-based DS Bancor rose 2 1 / 4 today, and 3 7 / 8 this week, to 32 3 / 4 on above-average trading.
- -- DS Bancor Inc . ( DSBC US ) was downgraded to " hold " from " buy " by analyst Gerard Cassidy at Hancock Institutional Equity Services.
- The Charter, proposed by John Maynard Keynes, was to establish the ITO and a financial institution called the International Clearing Union ( ICU ), and an international currency; the bancor.
- On top of that, each country would have an overdraft facility in its " bancor " account with the ICU . Keynes proposed having a maximum overdraft of half the average trade size over five years.
- Webster Bank, Waterbury, Conn ., announced plans to close 10 branch offices as part of its $ 137 million deal to merge with DS Bancor Inc ., the holding company for Derby Savings Bank.
- DS Bancor, with $ 1.2 billion of assets, could fetch $ 38 to $ 40 a share in an acquisition, said Cassidy, who added that he hasn't heard of any bidders.
- Zhou argued that part of the reason for the original Bretton Woods system breaking down was the refusal to adopt Keynes'bancor which would have been a special international reserve currency to be used instead of the dollar.
- DS Bancor shares rose as high as 2 3 / 4 to 40 3 / 4, its 12-month in early trading of 183, 000 shares, 13 times its daily average in the last three months.
- Webster Financial Corp ., Waterbury, Conn ., has received approval from the Office of Thrift Supervision, to buy DS Bancor Inc ., based in Derby, Conn ., in a transaction valued about $ 132 million.
- Keynes'proposals would have established a world reserve currency ( which he thought might be called " bancor " ) administered by a central bank vested with the possibility of creating money and with the authority to take actions on a much larger scale.
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