However, I calculated that the sum would exceed seven thousand roubles--or, at the present
rate of exchange, even eight thousand.
Amongst a few studies conducted to test significance between these variables by applying multiple regression model; Ahmed and Rehman (2010) concluded that for the given sample period, a change in
rate of exchange and interest has a significant impact on stock returns.
The foreign currency amounts received under a foreign credit, loan or grant for the revolving fund would be converted into rupees at the SBP`s weighted average buying
rate of exchange prevailing on the date of transfer of funds by the donors.
Lawmaker from Iraqiya slate, Hayder al-Mulla, had said that the resigning of the Acting Governor, Abdel Basset Turki, will not release its current administration from the responsibilities of bad management and failures that have negatively reflected on the stability of the Dinar's
rate of exchange.
"The final monetary goal of maintaining a stable rate of inflation and a stable nominal denar
rate of exchange as against the euro, as an indirect monetary goal, were successfully maintained in 2011, too," the National Bank said.
He urged the government to take measures such as rewarding exporters with higher
rate of exchange to boost exports and importers with a lower rates of exchange to reduce the cost of raw material and packing materials.
If you send money abroad, check the
rate of exchange as this has an impact on the amount of cash received.
ANKARA, Jan 17, 2011 (TUR) -- Turkish State Minister Zafer Caglayan said Monday that the
rate of exchange was crucial for exports and imports.
(NASDAQ:SHMR) ("Shamir"), a leading provider of innovative products and technology to the ophthalmic lens market, announced today that its board of directors had declared a dividend distribution in an aggregate amount of US$ 10 million (approximately NIS 37.62 million based on the November 25, 2009 representative
rate of exchange), or approximately US$ 0.609 (approximately NIS 2.3based on the November 25, 2009 representative
rate of exchange) per ordinary sharebased on the number of outstanding shares of Shamir as of the date hereof.
The
rate of exchange for farm payments was set in October at 1.27 euro to the pound and this is fixed for the year.