(Local currencies)

Also this rise of local currencies.

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

That was partly offset by a weakening of local currencies compared with the United States dollar.

(c) The current list of duty stations where the allowances are payable in local currencies be maintained.

Consider the use of local currencies should the larger economy cease to function, and develop greater self sufficiency.

(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.

Currencies

Currencies...

Currencies

On the one hand, pegging local currencies to the dollar renders monetary policy completely ineffective, as in a fixed exchange rate regime.

Convertible currencies

The total cash holdings of UNICEF included 6 million in currencies restricted for use in the donor countries for purchases and other local expenditures.

Exchange of currencies

Show national currencies

Management of currencies

depreciation of nonconvertible currencies.

(g) Translation of currencies.

(h) Translation of currencies

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(k) Translation of currencies

Although Bitcoin s popularity has grown exponentially since last year, it does not necessarily mean that all countries are interested in it. It's probably that some countries are concerned that the local currency may be undermined by digital currencies or that digital currencies are used by criminal organizations.

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.

B. Payment of contributions in currencies

Currencies of restricted use for UNICEF

Other emerging markets growth prospects are even worse not least because of low commodity prices. As a result, these countries can expect lower capital inflows, again making for weak local currencies.

People's Bank Of China released the data for the first time at the end of March 2016 the data showed that at the end of February 2016, its long positions in forward and futures contracts for foreign currencies vs local currencies was US 2.438 billion and short positions was US 28.9 billion.

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

The total pensionable remuneration of General Service staff was 7.5 per cent lower than at the end of 1995, mainly owing to the strengthening of the United States dollar against other currencies (the salaries of such staff are set in local currencies and their pensionable remuneration is the dollar equivalent of their gross pensionable salary).

Previous data from the People's Bank Of China showed that as of the end of August last year, the it had a total short position of 6.044 billion in forward and futures contracts for foreign currencies vs local currencies, unchanged for the fourth consecutive month the short position in SDR (Special Drawing Rights) was 4.276 billion SDR.

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 main vulnerability in the current crisis has been massive exposure to foreign exchange movements. Actors in all parts of the economy, households and companies alike, have bet that their local currencies would continue to appreciate.

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.

Report of the Reuters on September 30 in Beijing People's Bank Of China released its predetermined short term net outflow of foreign currency assets on Sunday and showed as of the end of August this year, its short positions in forward and futures contracts for foreign currencies vs local currencies remained zero for 12 consecutive months, and there were still no long position in that month.

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.

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