As investors poured into local shares, they needed local currencies to make their purchases.
These come in two kinds: depositary receipts traded in New York, and local shares that only Russians can buy.
Top holdings come from Columbia, Poland, Kazakhstan and Chile, but again, the fund owns their ADRs rather than local shares.
The government announced a delay in implementing a major tax proposal unpopular among foreign investors, providing an immediate boost to local shares.
That foreigners were net sellers of local shares in the first ten months of 2005, leaving domestic investors as the chief buyers, lends support to the argument.
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Credit tightening is expected to hurt consumer retailers who have enjoyed high valuations for the last two years as emerging market investors pile into local shares that cater to the domestic market instead of the commodities and export markets.
First Union and NationsBank, both based 60 miles away in Charlotte, are also eager to expand their local market shares.
The scheme began in 2010 with the creation of the Totnes Renewable Energy Society (TRES) which offered local people shares in the project.
If you were Indonesian, Korean or Thai and had invested in gold instead of local property or shares, you would be sitting pretty.
For now the most intriguing features are tied to travel, where Google Now helps juggle reservations and also shares local information you might find in a guidebook.
Since 2001, local ownership market shares have decreased dramatically from 42% of the market in 2001 to 7% in 2009 as the big multis moved in to dominate share.
The tour starts in Plaza Congreso where Jed gives tour participants an overview of local history, shares insights into the surrounding architecture and teaches the group how to formally prepare, serve and drink mate, traditional Argentinean tea.
The Shanghai Composite finished 1.7% lower at 2147.96, its lowest level since March 2009, while Hong Kong's Hang Seng Index ended the day up 0.2% at 19121.34, as the poor performance of commodity and transportation stocks was offset by shares in local conglomerates and gaming stocks.
Shares on the local stock exchange touched a five-year high this week.
Solidre trades as a Global Depositary Receipt in London and is changing its bylaws to allow foreigners to buy shares on the local market as well.
He pointed out that the club have realised their financial limitations and will look at the possibility of selling shares or recruiting the local community in fundraising.
Most of their mining operations occur in Zambia, so the company and the Zambia government sat together to discuss making First Quantum shares available in the local currency.
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The stock he donated wasn't yet public, though shares were traded through a local broker.
Much of the rise in market capitalisation will result from more companies issuing shares as they float on local stockmarkets, rather than from rising share prices.
The biggest sellers of shares are not hedge funds but local institutional investors looking to cut their losses.
CDC, for instance, cannot sell its Satyam Infoway shares on either a foreign or a local stockmarket.
Last year SIAS also drew attention to an initial public offering in which the local United Overseas Bank (UOB) applied for shares underwritten by one of its own units.
With local exceptions, north Florida is reliably Republican, and shares far more with the rest of the Deep South than with the southern reaches of its own state.
These can take many forms, but often resemble a sort of health-care version of the franchise arrangements common in other industries: The leading center shares clinical protocols and advice, and the local hospital, which typically pays a fee, can publicize the relationship to prospective patients.
Both the dividends and any gains on the sale of the shares would be exempt from all federal, state, and local taxes.
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The resolution for change was filed by Christian Brothers Investment Services (CBIS) and members of the Local Authority Pension Fund Forum (LAPFF), organisations that own B shares.
While the league's economic model shares television money among all 32 teams, there are disparities in local revenue sources like tickets, stadium-naming rights and luxury suites--and Upshaw's demands are a threat.
They have so-called A shares that trade in Shanghai and Shenzhen and are only available for local investors because China has currency controls and China has controls whether the money can move in and out.
In France, Germany and the U.K., companies must get their option plans approved by local tax authorities to qualify employees for capital gains tax treatment when they sell their shares.
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