Benchmark Exchange Rate definition

Benchmark Exchange Rate means the middle price between the foreign exchange buying and selling prices announced by the People’s Bank of China.
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Benchmark Exchange Rate means the Lira to Dollar quarterly average exchange rate, published by Banca d’Italia in the “Supplementi ▇▇ ▇▇▇▇▇▇▇▇▇▇ Statistico - Indicatori Monetari e
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Examples of Benchmark Exchange Rate in a sentence

  • The Benchmark Exchange Rate (BER) is AUD1.00 = USD <value will be inserted here>.

  • The Benchmark Exchange Rate will be agreed between NAFC and the Contractor at the time of executing the Contract, based on information provided in the Tender.

  • EXAMPLE: The Benchmark Exchange Rate is 1.01 (AUD1.00 = USD 1.01) and the Reference Exchange Rate on 31 July is 0.93 (AUD 1.00 = USD 0.93).

  • The Board shall make a decision on the exchange rate in case that no Benchmark Exchange Rate is available.

  • If at any time during the Term, but no earlier than eighteen months after the Effective Date, the Lira to Dollar quarterly average exchange rate published by Banca d’Italia in the “Supplementi ▇▇ ▇▇▇▇▇▇▇▇▇▇ Statistico - Indicatori Monetari e Finanziari - Bilancia dei Pagamenti - Quotazione in Lire delle Principali Valute” fluctuates twenty percent above or below the Benchmark Exchange Rate, all amounts payable pursuant to this Agreement shall be subject to adjustment.

  • The published exchange rate showing such fluctuation shall then become the new Benchmark Exchange Rate.