Treasury Reporting Rates of Exchange As of .. December 2002
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Government can acquire foreign currencies for official expenditures as reported by disbursing officers for each post on the last business day of the month prior to the date of the published report.
Example: The quarterly report as of December 3 1 , will reflect exchange rates reported by disbursing officers as of November 30. If current rates deviate from the rates in this report by 10 percent or more. Treasury' will issue amendments to this quarterly report.
Amendments will also be issued to r...eflect the establishment of new foreign currencies.
To insure all reports are translated at uniform exchange rates, all U.S. Government agencies should use these rates, except as noted above, to convert foreign curtency balances and accomplished reported transactions to U.S. dollar equivalents as of the date of this report and for the ensuing three months. Since the exchange rates in this report are not curtent rates of exchange, they should not be used to value transactions affecting dollar appropriations.
What to read after Treasury Reporting Rates of Exchange As of .. December 2002?
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To quickly assess the difficulty of the text, read a short excerpt:
Government can acquire foreign currencies for official expenditures as reported by disbursing officers for each post on the last business day of the month prior to the date of the published report.
Example: The quarterly report as of December 3 1 , will reflect exchange rates reported by disbursing officers as of November 30. If current rates deviate from the rates in this report by 10 percent or more. Treasury' will issue amendments to this quarterly report.
Amendments will also be issued to r...eflect the establishment of new foreign currencies.
To insure all reports are translated at uniform exchange rates, all U.S. Government agencies should use these rates, except as noted above, to convert foreign curtency balances and accomplished reported transactions to U.S. dollar equivalents as of the date of this report and for the ensuing three months. Since the exchange rates in this report are not curtent rates of exchange, they should not be used to value transactions affecting dollar appropriations.
What to read after Treasury Reporting Rates of Exchange As of .. December 2002?
You can find similar books in the "Read Also" column, or choose other free books by United States. Dept. of the Treasury. Financial Management Service to read onlineMoreLess
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