An independent monetary policy requires a flexible exchange rate, not a revaluation.

Expenditures also include currency exchange adjustments arising from revaluation of current period obligations

Yes, further revaluation of the exchange rate is needed, but this can play only a secondary role.

Under these circumstances, revaluation of the exchange rate will not have a severe impact on an economy s development.

The treasury information systems would address automation of bank reconciliations, cash forecasting, foreign exchange revaluation and cash and investment accounting.

Revaluation would accelerate this trend.

Net adjustments on revaluation of

(b) Revaluation of the call and

The 415,683 exchange difference results primarily from the revaluation of the United States dollar cash and term deposits held by the special account for programme support costs.

Revaluation of the Chinese yuan would also help.

(c) Revaluation of contributions receivables 20 140 662

But it seems that both revaluation and reform will take time.

(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.

Moreover, global deleveraging is asymmetric, with Latin American economies growing fast and advanced markets lagging all of which may call for a real exchange rate correction and thus justify revaluation of the region s major currencies.

Changes shown in the fund balances of those accounts are due solely to the revaluation at current rates of exchange of the outstanding claims that are denominated in currencies other than the United States dollar.

On the surface, at least, the mini revaluation hardly seems to have compromised China s ability to bend exchange markets to its will. Foreign experts had warned that a small Yuan appreciation might be worse than none.

Whether they stand to gain or lose from a renminbi revaluation, however, is hotly contested.

Such a revaluation would also discourage exports and encourage imports, thereby reducing China s chronic trade surplus.

Japanese intervention cannot explain the revaluation of the euro against the dollar and many other currencies.

It undertook a small revaluation in 1969 and then let its currency float in May 1971.

Gains arising from the revaluation of non euro cash and bank amounts are treated as realized

(v) Gain loss on exchange arises from transactions conducted in currencies other than dollars (i.e. for the dollar based extrabudgetary technical cooperation activities in annex I, dollar statements) and the revaluation of assets and liabilities held in non dollar currencies.

China, however, refused to accept the blame and declined repeated US demands to undertake a large revaluation.

But would a revaluation of the renminbi solve America s problems? Recent evidence suggests that it would not.

The following analysis is presented at 2006 2007 costs, i.e. including the element of revaluation and recosting.

Of this amount, 386,000 is attributable to the revaluation of the outstanding loan from the United Nations.

However, unlike Japan, China will not accede to calls for a sharp one off revaluation of the renminbi.

China interprets quantitative easing as a plot to devalue the dollar and force a revaluation of the renminbi.

Exchange, 400 extension Exchange expansion

Exchange, 400 extensions Exchange, expansion

Moreover, capital inflows increased significantly, owing to real investment opportunities in the high growth economy and the expectation of renminbi revaluation.

This represents an increase over the estimated level applied for the biennium 2004 2005 ( 143,365,453 after revaluation at US 1 0.8103).

Exchange

When Congress pressed China for a large currency revaluation in 2004 2005, China s current account surplus was rising at an accelerating pace.

Other countries, like Norway and Switzerland, are running current account surpluses that exceed 10 of their GDP, but are resisting currency revaluation.

They would have preferred a sharp revaluation of perhaps 20 in order to make a noticeable dent in the US unemployment rate.

Additionally, a revaluation of 22 per cent in the Somali currency has brought about the overrun shown above as item (b) (ii).

Additionally, a revaluation of 22 per cent to the Somali currency has brought about the overrun shown above as item b (ii).

Information exchange

Information exchange

Exchange offices

Exchange rates

Peer Exchange

Exchange Tiles

Exchange mode