Currencies

Currencies...

Currencies

(Local currencies)

Convertible currencies

As at 31 March 1998, funds were invested in 51 countries, including direct investments in 27 developing countries, and were in 33 different currencies.

Exchange of currencies

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Management of currencies

depreciation of nonconvertible currencies.

(g) Translation of currencies.

(h) Translation of currencies

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(k) Translation of currencies

Also this rise of local currencies.

B. Payment of contributions in currencies

Currencies of restricted use for UNICEF

But that's just part of the story. You have a similar trend with currencies currencies going through an extreme time of stability.

However, some claims were presented in other currencies, and some others were presented in United States dollars after conversion from other currencies.

Non convertible currencies held at 31 December 2004

B. Payment of contributions in currencies other than

In January 2005, the Argentine Government presented bond holders with a new debt restructuring deal, involving 152 bonds denominated in six different currencies amounting to roughly 82 billion and subject to eight legal jurisdictions.

Table 5 Non convertible currencies held at 31 December 2004

The regular resources cash balance at the end of 2004 was 329 million, consisting of 318 million in convertible currencies and 11 million in non convertible currencies.

The amount fluctuates as many frozen accounts are in other currencies.

D. Payment of contributions in currencies other than United States dollars

The proportion of investments in North American currencies was increased to 54 per cent from 48 per cent, in European currencies it was increased to 33 per cent from 30 per cent, and investments in Asian currencies were decreased sharply to 11 per cent from 20 per cent.

Since the budget of UNDCP is expressed in United States dollars, the movement of currencies in relation to the dollar can have a sizeable impact on expenditure in other currencies.

Where educational expenses are incurred in any of the currencies set out in part (a) above, the applicable amounts are set out in columns (1) to (6) against those currencies.

It would probably be too politically sensitive for the Fund to announce by exactly how much different currencies were overvalued and undervalued, and to declare some as seriously misaligned. Instead, it could settle for offering a range of assessments.

And that's what happens to currencies when you don't stand behind them.

And also starting to play around with the idea of alternative currencies.

Inflation rates of local currencies were considerably higher compared with initial estimates.

Note 7. Non convertible currencies pending United States dollar credit from UNDP

The Fund invests globally and has liabilities in a number of currencies.

Different things, different places, different people.

96. Under the new methodology, a different approach has been adopted, whereby the grant is expressed in the United States dollar and 16 other local currencies and ICSC would consider separate local currency ceilings within the United States dollar area.

It is conceivable, therefore, that Europe will have two currencies, the euro and sterling, in the long run. But having three currencies, much less three dozen, is out of the question.amp 160

(iv) Gain loss on exchange arises from transactions conducted in currencies other than euros, for the general and other Headquarters funds and the revaluation of assets and liabilities held in local currencies.

With regard to currency, as the budget is expressed in United States dollars, the movement of currencies in relation to the dollar could have a sizeable impact on expenditures in other currencies.

Based on the United Nations actual requirements for various currencies, the dollar equivalents of the following payments in such currencies were accepted in respect of the bienniums 1996 1997 and 1994 1995.

However, in areas where the above mentioned expenses are incurred in specific currencies, the maximum amounts of admissible expenses expressed in these currencies shall be those set by the International Civil Service Commission.

And it had to recognize their different habits, different peoples, different religions, different faiths.

And it had to recognize their different habits, different peoples, different religions, different faiths.

SANTIAGO With the currencies of Malaysia, Indonesia, South Africa, Turkey, Brazil, Colombia, Chile, and Mexico hitting record lows recently, currency traders around the world are asking How much further can emerging market currencies weaken?