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Repatriate |
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Repatriation The act of an individual or company bringing foreign capital into a home country and converting it to the domestic currency. Generally speaking, an individual who repatriates capital is usually converting foreign earnings into his/her home country's currency, perhaps in the process of moving back to the home country after having a job abroad. A company that repatriates capital is usually bringing over the returns on foreign investment. Repatriation can expose the individual or company to foreign exchange risk.
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Anne Bevis, a Royal British Legion secretary who has been involved with the repatriations from the beginning, said: "This one is just as important as the first. The decision of the Eritrean authorities to terminate the ICRC's involvement in the repatriations does not affect the right of Ethiopian nationals to leave Eritrea if they wish to do so," it said. The system of voluntary repatriation of African refugees has surprisingly gained enormous ground in academic and international discourse of African refugees' situation, even though most of the African refugees' voluntary repatriations usually happen under the political, social, and ethnic hostility that incipiently caused their displacement. |
repatriations |
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