This isn't 10,000, it's the local currency.

The currency was in theory governed by a rules based Currency Board, which the British invented for their smaller colonies. It tied the local currency to the British Pound, giving local authorities no discretion in monetary policy.

Australian law requires all transfers of physical currency into or out of the country of AUD 10,000 or more, or the equivalent in foreign currency, to be reported to AUSTRAC.

Gross proceeds are recorded in local currency based on current year deliveries.

Salaries are paid in local currency while allowances are paid in US dollars.

So, this rise of this sort of local currency is another really interesting phenomenon.

Parties could be asked to agree that annual contributions be fixed in euros and the equivalent of the euro amount be paid in any convertible currency.

(iv) In the case of staff members whose salary scales are established in currencies other than United States dollars, the relevant amounts to which the assessment applies shall be fixed at the local currency equivalent of the above mentioned dollar amounts at the time the salary scales of the staff member concerned are approved

The exchange rate explains part, but not all, of the increase, since 13 countries actually increased contributions in local currency.

Some 18 Governments increased their contributions to regular resources in local currency and 14 increased by 7 per cent or more.

All organizations whose expenditures, like those of the secretariat, are predominantly incurred in local currency experience problems arising from exchange rate fluctuations.

Many countries therefore view the development of local currency bond markets to be an important policy priority that reduces vulnerability to external shocks.

Some of the Asia Pacific and Latin American and Caribbean countries have begun to issue long term, local currency bonds to promote investments.

Local currency government debt markets have performed fairly well during the crisis, while local currency corporate debt markets have played a more modest role as a vehicle for longer term finance. This suggests that domestic reforms aimed at reducing issuance costs, improving disclosure requirements, enhancing creditors rights frameworks, and tackling other inhibiting factors could bring high returns.

Now if you managed to rise up say, and be that local leader, the guy who's the equivalent of the McDonald's franchisee you'd be making 100,000 dollars a year.

Governments may be able to mobilize funding through debt swaps, where donors exchange debt for local currency investment in environmental protection, such as waste water treatment.

Exact equivalent.

3. Takes note of the updated list of hard currency duty stations for which the allowances are specified in local currency, as contained in annex VIII to the report of the Commission Official Records of the General Assembly, Fifty fifth Session, Supplement No. 30 (A 55 30).

Ironically, today s pain stems from one of the great successes that emerging economies have achieved the reduction of foreign currency funding in favor of local currency debt. As emerging market central banks leaned against heavy capital inflows in order to mitigate exchange rate appreciation, their currencies became less volatile.

So like the equivalent, the Titan equivalent, of tar, or oil, or what we didn't know what.

Preliminary estimates (table 1) show that 25,234 tonnes CO2 equivalent were emitted by the tenth session of the Conference of the Parties (equivalent to about 4.1 tonnes CO2 equivalent participant).

Ownership of currency is generally proven through possession of the currency.

Nowadays, the equivalent of the adjustment mechanism in the early modern world of bimetallism would be a fall in, say, Greek wage costs paid in the national currency, as long as it was traded at a discount. These would be the silver currencies.

In 2009 2010, China also invested heavily in the International Monetary Fund, with the People s Bank of China announcing in 2009 that it would buy up to 32 billion special drawing rights (the IMF s quasi currency) the equivalent of about 50 billion. Over the same period, China signed multiple bilateral currency swap agreements, offered policy loans and special assistance, and contributed to regional investment funds.

There are risks even for banks that make the effort to match their dollar borrowing from abroad with dollar loans extended at home. There may be no obvious currency mismatch for the bank, but if the local borrowers revenues are only in domestic currency, they may become unable to service their debt.

Policymakers in many emerging market countries worry that surging capital inflows will drive up the value of the local currency, destabilize financial markets, and fuel economic overheating. Their reactions range from buying up the foreign money to prevent currency appreciation to adopting capital controls, and, in extreme cases, to keeping the money out altogether.

Currency exchange rate

Currency of payments

China s Currency Conundrum

Oil Currency Hypocrisy

Currency exchange rate

(c) Currency adjustment

Currency of reimbursement

This is Lewes in Sussex, who have recently launched the Lewes Pound, a currency that you can only spend within the town, as a way of starting to cycle money within the local economy.

This currency shift is, of course, the functional equivalent of a large hike in the price of Chinese exports. Add to that continued sluggishness in global demand, and the once powerful Chinese export machine is suffering, with total exports down by 3 year on year in January.

Six to eight months, they're totally equivalent.

One dollar is equivalent to 110 yen.

Nor is there to Him any equivalent.

Nor is there to Him any equivalent.

(a) Education high school diploma or equivalent

In this context, IMF has been advising developing countries to develop domestic bond markets to raise funds through long term fixed interest securities denominated in the local currency as an alternative to borrowing from abroad.

Attention is the currency.

The Currency Manipulation Charade

An Accidental Currency War?

Currency War and Peace