FXO

(redirected from Foreign exchange office)
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AcronymDefinition
FXOForeign Exchange Office
References in periodicals archive ?
The total budget comes to 7.3 quadrillion rials ($292 billion at the Foreign Exchange Office rate of about 25,000 rials to the dollar).
Robert Bichefsky, Senior Manager for Product Development of the Company said, “GL's vHandi[TM] is a compact portable hand-held FXO tester (Foreign Exchange Office) that can simulate an analog phone.
The overseas community has been an important source of income for Morocco, with more than $55 billion in remittances over the past decade, according to figures from the Foreign Exchange Office. The significant role Moroccans overseas play in the national economy has earned them praise, and the government is keen to convince more of its citizens abroad to invest their homeland.
“Another new application MAPS[TM] FXO FXS is an advanced test tool that supports emulation of functions of Foreign Exchange Subscriber (FXS) by analog phone lines and Foreign Exchange Office (FXO) by phones using the FXO and FXS ports on a tProbe[TM].
The meeting resulted in a host of decisions, including the closure of unlicensed foreign exchange offices, tightening of the central bank's monitor of legal forex offices, and a ban on leaving the country with foreign currency without the bank's permission, Al Iryani said in a series of tweets.
El Kady explained that the bank now has 53 branches and two foreign exchange offices, as well as a network of 200 ATMs and a fleet of mobile banks covering most of Egypt.
"Instead of closing down the foreign exchange offices, the government should treat these economic malaises."
In some foreign exchange offices, a pound has been exchanged for 76 to 79 denars.
He said the bank has an ambitious branch expansion and geographical spread plan, including the opening of two branches, aimed specifically at the retail and SME sectors, in addition to fully refurbishing several old branches and foreign exchange offices and preparing to move its Alexandria branch to new premises.
The bank opened one new branch during the year, expanding its network to 29 branches and three foreign exchange offices. In 2016 it aims to open two more branches, aimed specifically at the retail and SME sectors, in addition to fully refurbishing several old branches and foreign exchange offices and preparing to move its important Alexandria branch to new premises.
Request of offers from holders of Cisco Golden Partnership Certifications for the maintenance of the Call Center at the headquarters building in Nasr City, also at new foreign exchange offices and new branches.
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