For example, WIPO's budget is denominated in Swiss francs and UNIDO's regular budget is denominated in euros.

Select the currency in which this account is denominated.

Expenditure on consultants and experts is denominated in both euros and dollars.

Thus, while a significant proportion of expenditure is denominated in euros, some dollar expenditures remain.

Of course, an earlier attempt was made to create a commercial market in SDR denominated claims. Back in the 1970 s, there was some limited issuance of SDR denominated liabilities by commercial banks and SDR denominated bonds by corporations.

UNCCD core budget expenditures denominated in euros include General Service staff salaries, most general administrative expenses, supplies and equipment, joint facilities management costs and travel agents bills (though daily subsistence allowance is denominated in dollars).

While China s government should make greater efforts to rebalance the economy by conventional measures, it also should focus more attention on adjusting the currency structure of the country s gross assets and gross liabilities. In particular, China should try to replace its dollar denominated assets with renminbi denominated assets, and its renminbi denominated liabilities with dollar denominated liabilities.

The nomenclature is varied and such treaties are often denominated treaties of establishment or treaties of amity.

Acquisition security rights include those that are denominated as security rights, as well as those that are denominated as retention of title, arrangements and financial leases.

b Total public debt denominated in pesos and foreign currency.

Currency fluctuation is not a major issue for IMO, since the budget is denominated in pounds sterling and 80 per cent of expenditure is disbursed in that currency.

Furthermore, with the budget denominated in dollars, but a significant proportion of expenditures in euros, the financial situation is subject to the vagaries of currency fluctuations.

The actual budget increase cannot be determined simply by noting a change in the dollar denominated amount.

In neither scenario does it make sense to hold huge amounts of dollar denominated assets today. Therefore, foreign speculators should, any day now, dump their dollar denominated assets onto the market, and so bring about the dollar decline that they so fear.

Gross public and private external debt is below 40 of GDP, and much of it is denominated in rubles. The sharp fall in export income is rapidly changing the situation, but Russia is starting from a comfortable position.

In November 2001, the authorities again restructured the public debt, this time exchanging dollar denominated bonds for domestic guaranteed loans.

The external deficit of the United States is financed mainly by Central Banks that invest their foreign exchange reserves in dollar assets, for which euro denominated assets represent a serious alternative.

The Bank of Mexico had now imposed a limit on the foreign currency denominated liabilities that commercial banks could take on.

Second, China s foreign assets are denominated almost exclusively in US dollars, while its foreign liabilities are denominated mostly in renminbi. As a result, whenever the US dollar declines, China s net international investment position (the difference between its external financial assets and liabilities) deteriorates and so does its investment income balance.

If China is serious about elevating the SDR to reserve currency status, it should take steps to create a liquid market in SDR claims. It could issue its own SDR denominated bonds.

But capital is flowing in from other countries as well. Holding euros and acquiring euro denominated securities have become attractive again around the world, pushing up the exchange rate and causing new difficulties.

14. As may be agreed from time to time by the parties, all grants provided by the Foundation to the United Nations shall be in the form of cash, denominated in the currency of the United States of America or in the form of stock or other financial instruments denominated in such currency.

New Zealand seeks compensation in the amount of NZ 7,388 for the money held in its Iraqi dinar denominated bank account in Kuwait.

The value of loans denominated in renminbi CN 188 billion ( 29.2 billion) is tiny, especially when one considers that almost 50 of total international banking liabilities are denominated in dollars, approximately 30 in euros, 5 in pounds, and about 3 in yen. And the renminbi accounts for 0.6 1 of global foreign exchange reserves held by central banks, whereas the dollar and the euro account for 62 and 23 , respectively.

For each Annex A and Annex B Party, its emissions budget shall be denominated in tonnes of carbon equivalent emissions allowed and shall equal

The public sector was at the time running a broadly balanced budget, although government expenditure was partly funded by short term dollar denominated bonds (tesobonos).

Another possibility is the development of foreign investment funds investing in a diversified portfolio of domestic currency denominated debt of developing countries, which provide, through diversification, risk adjusted rates of return that are attractive to foreign investors.

For the first time ever, in 2004, the Inter American Development Bank issued bonds that are denominated in the currencies of the countries in the region.

Expanding local currency bond markets could expedite a shift from dollar denominated cross border loans to local currency loans, bringing benefits to both investors and borrowers.

And yet it is particularly in the US that commodity prices have been falling. The Economist s euro denominated Commodity Price Index, for example, has actually risen over the last year it is only the Index in terms of dollars which is what gets all of the attention that is down.

The Chinese private sector may have the biggest problem. Much of its recent borrowing violates key tenets of hard earned wisdom gained in past crises it is foreign exchange denominated, short term, shadow bank intermediated, and housing backed.

The policy of making an allowance of 10 per cent of non United States dollar denominated outstanding accounts receivable as at 31 December as a provision for delays in the collection thereof, is discontinued effective 31 December 2003.

Currency mismatches caused by the build up of enormous amounts of foreign currency denominated debt were also identified as a major source of instability in developing countries.

LONDON Ten years on, the euro is a resounding success. A financial market heavyweight, it now outperforms the dollar, the yen, and, until recently, the mighty Chinese yuan, while euro denominated bond trading rivals the US market in size.

Three of the other parents in the national court suit, and the NHA, decided to bring their complaint to the European Court of Human Rights (hereinafter denominated ECHR)).

Several speakers pointed out the importance of avoiding the accumulation of foreign currency denominated debt and borrowing in local currency as a hedge against foreign exchange rate risk.

Gold may be a store of value for wealth, but it is not a means of payment you cannot pay for your groceries with it. Nor is it a unit of account prices of goods and services, and of financial assets, are not denominated in gold terms.

Finally, it is no longer appropriate to judge whether a country s foreign currency reserves are adequate based on how many months of imports they can cover. Instead, the question to ask is whether the reserves can comfortably service the public and private sectors debt denominated in foreign currencies.

In States that honour a form of transfer of ownership even when it does not entail a transfer of possession and is done for financing purposes, a transaction denominated as a transfer of title by way of security (or sometimes as a fiduciary transfer of title) is recognized.

With rebalancing will come a decline in China s surplus saving, much slower accumulation of foreign exchange reserves, and a concomitant reduction in its seemingly voracious demand for dollar denominated assets. Curtailing purchases of US Treasuries is a perfectly logical outgrowth of this process.

Furthermore, since the WIPO budget and virtually all expenses are denominated in Swiss francs, currency fluctuation savings and lower than budgeted inflation are transferred at the end of the biennium to the reserve funds, while any over expenditure is absorbed within the regular budget.

In 1979 the scheme was further modified by a switch to a system of food stamps (denominated in monetary terms) and by bringing certain food prices more into line with world prices.

About 800 billion of China s foreign exchange reserves are invested in euro denominated assets. A disorderly default, and the resulting downward pressure on the euro, would unavoidably cause Chinese investments to lose value.

Expenditures for staff costs and maintenance of the premises mainly denominated in euros have been translated into United States dollars in April 2002 at an average euro to dollar exchange rate of 0,8636.

The philatelic market continues its decline due to the ageing and reduced size of its collector base, the consolidation of dealerships and the slow acceptance of euro denominated stamps in the philatelic market.