(Convertible and non convertible currency)

Convertible currency deposits 223 993

Non convertible currency deposits 67 681

Second, China will have to make its currency convertible.

Non convertible currency counterpart contribution to the Caribbean Trust Fund

The volume of export earnings in freely convertible currency fell by 42 per cent in 1992, and this downward trend persisted during the first half of 1993.

32. For the implementation of the July 1993 to June 1994 programme of activities, the Trust Fund was charged 158,069 in convertible currency and 1,977 in non convertible currency.

In this context, the decision to retain the CFA franc, a freely convertible common currency that is pegged to the euro at a significantly overvalued exchange rate, is dubious.

(The yuan should be included as soon as China makes its currency convertible.)

Non convertible currency counterpart contributions to the Mediterranean Trust Fund 31 December 1993 . 65

9. The estimated total resource requirements for 1994 (all convertible currency) are summarized as follows

The contributions provided for in article 15 shall fall due upon the first day of the calendar year for which they are assessed. They shall be determined in Euros and be payable in that currency or in the equivalent amount of another freely convertible currency.

That the exported goods are furnished against foreign currency convertible within three months of the date of shipment.

The lesson of the 1960 s suggests that a fully convertible renminbi could rapidly become a major international reserve currency.

Financial contributions to accounts established under Article 18 shall be payable in freely convertible currencies and shall be exempt from foreign exchange restrictions.

46. The Cuban peso is the only remaining currency officially designated as an accumulated, non convertible currency and the balance of 12.0 million noted above refers entirely to those holdings.

If this accumulation continues, the currency will be officially added to the list of accumulating non convertible currencies in future reports.

Non convertible currencies

A horsedrawn convertible.

If allowing a currency to appreciate freely is costly, the second option is unsterilized foreign exchange intervention.

62. Petroleum and petroleum products (SITC category 33) account for about 6 per cent of Albania apos s total exports (in convertible and non convertible currency) on average for 1988 1990, as against more than 30 per cent in 1980.

The yellow convertible, please.

China has essentially pegged its currency to the dollar, while most other currencies fluctuate more or less freely.

Consequently, tobacco importing countries will increasingly be those of Central and Eastern Europe and others that pay with non convertible currency or deal in countertrade.

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.

It has now been agreed that, effective 1 May 1994, all charges for inter republic railway services are to be paid in advance in convertible currency.

Bosnia and Herzegovina Convertible Mark

Decrease in non convertible currencies

Change in non convertible currencies

Note 2. Non convertible currencies

Light gray Dodge convertible wanted.

It's a '57 Nash convertible.

Second, China will have to make its currency convertible. Third, the position of the euro will strengthen over time as more countries will join the euro zone.

The renminbi is still non convertible.

G. Utilization of accumulated non convertible

You mean that old Lincoln convertible?

Recent moves toward renminbi internationalization, a more open capital account, and wider currency trading bands leave little doubt that the endgame is a market based, fully convertible renminbi.

In the course of the Conference, 19 States announced their pledges, all in convertible currency. A total of 93,270 was pledged to the United Nations Disarmament Information Programme.

It had accepted the discipline demanded by international financial and monetary institutions. It hoped that its currency would soon be fully convertible, and was seeking join regional groupings.

The CFA franc is convertible in euros and freely transferable to France, whose companies control the lion s share of the franc zone s private sector and receive most of its public contracts.

Version 2 Meanwhile, entities headquartered in a net donor country which has contributed in a non convertible currency shall be reimbursed for services and equipment purchased under the Programme in the currency in which the contribution is paid where such a currency is accumulated and until such accumulation is used.

While China has taken minor measures to slow the increase in its dollar denominated holdings, it has been unwilling to risk a fully convertible currency for domestic political reasons.

G. Utilization of accumulated non convertible currencies

That convertible ahead, catch up to it.

This is no place for a convertible!