Treasury Reporting Rates of Exchange As of .. June 1976
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See Treasury Circular No, 930, Section Aa (3) of Procediires :,femorand-um Mo. 1 for further details. This quarterly report reflects exchange rates at which foreign currencies can be acquired by the U.S. Government 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 31 v/ill 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, amendrrients to this quarterly report will be issued by Treasury. /•Jiisndments v;ill also be issued to reflect the establishment of new foreign currencies. To' insure that all reports are translated at uniform exchange rates, these rates should be used by all U.S. Government agencies, except as noted above , to convert foreign currency balances and accon?pli3hed reported transactions to U.S. dollar equivalents as of the date of this report and for the ensuing three months.
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