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.
22.
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.
23.
Webster Financial Corp . agreed to buy DS Bancor for $ 137 million in stock, expanding its presence as the second-largest bank based in Connecticut.
24.
Derby-based DS Bancor Inc ., the holding company for Derby Savings Bank, was among the biggest gainers, rising 1 to 27 3 / 4.
25.
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.
26.
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.
27.
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.
28.
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.
29.
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.
30.
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.
