Moneychanger


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Moneychanger

A person or, less commonly, an institution that exchanges one currency for another on behalf of a client. For example, if one presents a moneychanger with U.S. dollars, the moneychanger may provide one with an equivalent amount of British pounds. Modern moneychangers originated in medieval Europe and were instrumental in the development of banking.
References in periodicals archive ?
Operating primarily on a currency arbitrage basis, the moneychangers would buy incoming foreign moneys from the pilgrims and sell them to the bankers in Makkah, with the peak of money changing beginning six months before the onset of pilgrimage.
When this scribe contacted Sub-Inspector Imran Abbas, In charge of Tariqabad police post, he said there was contradiction in the statements of all three employees of the moneychanger.
The existing moneychangers are free to work parallel to exchange companies but they will have to convert their business into foreign exchange companies after two years.
Another moneychanger, Sultan Mohammad, said this was the second time that a moneychanger was being killed by gunmen and the killers fled.
Javed was the second moneychanger after Sultan Mohammad to be killed.
The moneychangers bankrupted our country, women accused of adultery are still stoned to death and babies are killed, not by Herod but bombs.
BEAT IT Jesus throwing moneychangers out of the temple
Or was this what Jesus cleansed when he drove the moneychangers away?
He tangled publicly with lawyers about taxes and Caesar and overturned the tables of the moneychangers.
Somewhere in the Whispering Gallery, no doubt, Jesus was groaning about clearing the moneychangers from the temple.
In a circular, the central bank told all banks, moneychangers, investment and finance companies and other financing entities operating in the UAE that the move was 'based on the Resolution 1929 (2010) adopted by the Security Council of the United Nations at its 6335th meeting on June 9, 2010 regarding non-proliferation of nuclear weapons.
The riyals, in the hands of Pakistani moneychangers, are recycled back into regular cash channels, also through Afghanistan.