open letter of credit meaning in Hindi

• अप्रलेखी साख-पत्र • अप्रलेखी साखपत्र

open: मुंह खुला मैदान
open letter: विरोध पत्र खुला
letter: साहित्यिक कृति
letter of credit: साख-पत्र साखपत्र
of: स् का की पर बाबत
credit: कर्ज़ा ऋण ख्याति

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He said each of the private banks is entitled to open letters of credit of up to dlrs 50 million.
The crisis was worsened by the poor state of the banking industry, which meant Indonesian companies found it difficult to open letters of credits for their trading activities.
Now they " can no longer open letters of credit with international banks, while the sharp depreciation of the baht, rupiah and the won has wiped out their capital,"
Seventeen Indonesian banks are to open letters of credit to tap a dlrs 1 billion trade-financing loan provided by the U . S . Export-Import Bank, a local newspaper reported Monday.
The chairman of the Indonesian Importers Association, Amirudin Saud, shared the chamber's suggestion and said the government should require all importers, when importing goods, to open letters of credit to monitor the use of dollars.
Anton said many of the association's members could not import needed raw materials because they could not open letters of credit at private banks, as many of the banks had lost support from their corresponding foreign banks due to the crisis.
According to David Hale, chief economist of the Zurich Insurance Group ( USA ), " 90 per cent of the companies listed in the Jakarta stock exchange are bankrupt, cannot avail of global funds and won't benefit from the cheap rupiah as they are unable to open letters of credit ."