b The local currency is the St. Helena pound, which is equivalent to the United Kingdom pound sterling.

a A higher real exchange rate signifies a real depreciation of the local currency.

(Local currencies)

Devaluation of the currency.

(b) The General Assembly focuses on a wide range of political, economic and social issues as well as the financial and administrative aspects of the Organization

Beggar Thy Currency Or Thy Self?

This is how monetary values will be displayed.

For example, Poland and the Czech Republic have seen their currencies go up by close to 30 and 15 , respectively. Major countries also have undergone currency appreciations 30 for Japan and 15 for China.

b Represents gain on exchange from revaluation of accounts payable expressed in local currency.

c Represents gain on exchange from revaluation of accounts payable expressed in local currency.

This has forced the State to use local currency to finance Iraqi imports, thereby devaluing this currency outside Iraq and reducing its purchasing power.

20. The national currency was devalued.

67. Downward adjustments of exchange rates or currency devaluations have considerably weakened the economies of the third world countries.

(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

When this pattern is combined with the depreciation of the new Israeli shekel (NIS) in 2003 and then its appreciation in 2004, it is clear that while the Palestinian trade balance does not benefit from the depreciation of the Israeli currency, it suffers the full negative impact of currency appreciation.

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.

You take it anywhere else, it's not worth anything.

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

Table 5 shows details of the United States dollar equivalent of non convertible currencies held at 31 December 2004.

The following table shows details of the United States dollar equivalent of non convertible currencies held at 31 December 2004.

The following figures show the United States dollar equivalent of the non convertible currencies held as at 30 June 1997

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.

(c) property of the central bank or other monetary authority of the State

Convert values to base currency

But there is a more fundamental point From an economic viewpoint, currency manipulation or unfair undervaluation are exceedingly hard to pin down conceptually. The renminbi's slight depreciation against the dollar in 2014 is not evidence of it many other currencies, most notably the yen and the euro, depreciated by far more last year.

One need not be an economist to figure out that, while all currencies can (and do) depreciate against something else (like gold, land, and other real assets), by definition they cannot all weaken against each other. In order for some currencies to depreciate, others must appreciate.

Refer to Schedule 10 for details of the dollar equivalent of non convertible currencies held at 31 December 1997.

I. The reception, brokerage, and investment of third parties' funds in Brazilian or foreign currency

2. Unless otherwise freely agreed upon by the peoples concerned, compensation shall take the form of lands, territories and resources equal in quality, size and legal status or of monetary compensation or other appropriate redress.

At the same time, there is a need to increase the monetary value of GDP, that is, the amount of currency employed in the economy, without causing inflation.

Military expenditure in local currency billion won

A Devaluation Option for Southern Europe

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

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).

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

In addition to short term policy headaches, stronger currencies carry potentially significant costs in terms of hollowing out industrial and service sectors. So, after a varying mix of tolerance and heterodox responses, officials are pulled into loosening their own monetary policy in order to weaken their countries currencies or, at a minimum, limit the pace of appreciation.

The equivalent in United States dollars of other currencies is established on the basis of the United Nations operational rates of exchange.

MUNICH Because China has pegged its undervalued currency, the renminbi, to the dollar, every weakening of the dollar in the wake of America s financial crisis has also meant a weakening of the renminbi vis à vis other world currencies. But is China really to blame for the eruption of a global currency war?

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.

For monetary items (that is, money held and assets and liabilities and any other balances to be received or paid in fixed or determinable amounts of money) and non monetary items carried at fair value, in accounts maintained in other currencies, the translation into United States dollars is done at the applicable United Nations rates of exchange in effect at the date of the financial statements.

This classification and analysis allowed for a more discriminating and habitat targeted approach to remediation of the damage dealt with in the third F4 instalment.

36. On the other hand, there were also the savings or surpluses resulting from fluctuations in the rates of exchange and inflation.

Compensation may be monetary or in kind.

In some cases, currencies move in the same direction as monetary policy for example, when the yen dropped in response to the Bank of Japan s 2013 quantitative easing. But in other cases the opposite happens, for example when the euro and the pound both strengthened after their central banks began quantitative easing.

On the supply side, however, the currency devaluations of the major natural rubber producers, i.e., Indonesia, Malaysia and Thailand, may stimulate output since the devaluations have increased growers returns despite declines in dollar prices.