Nepalese Currency definition

Nepalese Currency means the currency of Nepalese rupee denominations.
Sample 1Sample 2
Nepalese Currency means the currency of Nepalese rupee denomination.
Sample 1Sample 2
Nepalese Currency means the currency of Nepalese rupee denomination. (l) "Convertible Foreign Currency" means the foreign currency, which have been prescribed by the Bank as convertible foreign currency, as per the requirement, by publication and transmission of public notice. (m) "Foreign Exchange" means foreign currency, all types of deposits, credits, stocks, foreign securities payable in foreign currencies and the cheques, drafts, traveller's cheques, electronic fund transfer, credit cards, letters of credit, bills of exchange, promissory notes in international circulation payable in foreign currencies; and this expression also includes whatsoever, type of other monetary instrument as the Bank may prescribe, as per the requirement, by publication and transmission of public notice. (n) "Foreign Exchange Transaction" means the acts of purchase and sale of foreign exchange or the acts of borrowing, giving credits, and of accepting or providing foreign exchange in any manner whatsoever, and this expression also includes the act of granting approval for foreign exchange by the Bank. (o) "License holder" means an individual, firm, company or institution that has obtained license from the Bank for foreign exchange transaction. (p) "Letter of credit" means an instrument issued by a bank to another bank instructing to accept cheque, draft, hundi or bill of exchange drawn by specified person up to the limit of specified amount. (q) "Securities" means share, stock bond, debenture, debenture stocks issued by any corporate body or a certificate of unit saving scheme or collective saving scheme (mutual fund) or transferable certificate of deposit issued by a corporate body in accordance with laws, and this expression also include the securities or receipt of deposit (pledge) of such securities, and interest in securities prescribed by Government of Nepal upon publishing notification in the Nepal Gazette.
Sample 1

Examples of Nepalese Currency in a sentence

  • These policies are consistently applied to all the years presented, except for the changes in accounting policies disclosed specifically.The interim financial statements are presented in Nepalese Currency (NPR) (rounded to the nearest Rupee unless otherwise stated), which is the bank’s functional currency.

  • The Bidder from outside Nepal, if wishes to supply goods and services with Nepal as country of origin or wishes to quote in Nepalese Currency fully or partially, shall quote in Nepalese Currency.

  • While it is possible to have a foreign currency account, say in Nepalese Currency Rupees, the Paymaster Agency which pays pensions for MOD would charge you every time it made a payment, and you would also have an exchange rate risk.

  • Any such amounts shall not be included in the Financial Proposal as they will not be evaluated, but they will be discussed at contract negotiations, and applicable amounts will be included in the Contract.3.8 Consultants shall express the price of their services in Nepalese Currency.

  • ITB 15.1 If the currency of the Bid and payment is other than Nepalese currency : The currency applicable shall be [Insert the name of Currency] The maximum ratio of Nepalese Currency to Foreign Currency with respect to the evaluated bid price shall not be more than …..[Insert the proper ratio, example 70:30 or 80:20 etc…] ITB 18.1 The bid validity period shall be: One Hundred Twenty (120) days].

  • Non-resident s account with Nepalese banks Nepalese Currency Accounts held by non-residents such as foreign consulates, international organization and staff of international organization is foreign liabilities denominated in local currency, and hence transaction in these account with Nepalese resident are recorded as international transactions.

  • However for the consolidation of accounts with the holding company, figures in Nepalese Currency (NPR) have been converted into Indian Currency (INR) at the fixed exchange rate between Indian and Nepalese currency at the rate of NPR 1.60 (1.60 ) for every INR.

  • Prices shall be converted to a single currency (i.e. Nepalese Currency) using the selling rates of exchange, source and date indicated in the Data Sheet.5.6 From among the proposals which have obtained minimum score for the technical proposal, the Client shall prepare a Ranking after financial evaluation as per Para 5.5. The financially lowest proposal will be ranked as No. 1, the second lowest will be as No. 2 and so on.

  • Prices shall be converted to a single currency (i.e. Nepalese Currency) using the selling rates of exchange, source and date indicated in the Data Sheet.5.6 From among the proposals which have secured more than 50 marks in the technical proposal, the Client shall prepare a Ranking after financial evaluation as per Para 5.5. The financially lowest proposal will be ranked as No. 1, the second lowest will be as No. 2 and so on.

  • These policies are consistently applied to all the years presented, except for the changes in accounting policies disclosed specifically.The interim financial statements are presented in Nepalese Currency (NPR) (rounded to the nearest Rupee unless otherwise stated), which is the bank‟s functional currency.

Related to Nepalese Currency

  • Base Currency means the first currency in the Currency Pair against which the Client buys or sells the Quote Currency.

  • Quote Currency means the second currency in the Currency Pair which can be bought or sold by the Client for the Base Currency.

  • Eligible Currency means any lawful currency other than Dollars that is readily available, freely transferable and convertible into Dollars in the international interbank market available to the Lenders in such market and as to which a Dollar Equivalent may be readily calculated. If, after the designation by the Lenders of any currency as an Alternative Currency, any change in currency controls or exchange regulations or any change in the national or international financial, political or economic conditions are imposed in the country in which such currency is issued, result in, in the reasonable opinion of the Required Lenders (in the case of any Loans to be denominated in an Alternative Currency), (a) such currency no longer being readily available, freely transferable and convertible into Dollars, (b) a Dollar Equivalent is no longer readily calculable with respect to such currency, (c) providing such currency is impracticable for the Lenders or (d) no longer a currency in which the Required Lenders are willing to make such Credit Extensions (each of clauses (a), (b), (c), and (d), a “Disqualifying Event”), then the Administrative Agent shall promptly notify the Lenders and the Company, and such country’s currency shall no longer be an Alternative Currency until such time as the Disqualifying Event(s) no longer exist. Within, five (5) Business Days after receipt of such notice from the Administrative Agent, the Borrowers shall repay all Loans in such currency to which the Disqualifying Event applies or convert such Loans into the Dollar Equivalent of Loans in Dollars, subject to the other terms contained herein.

  • Offshore Currency means any lawful currency (other than dollars) that the relevant Issuing Bank with respect to any Offshore Currency Letter of Credit, in its sole reasonable opinion, at any time determines to be (a) freely traded in the offshore interbank foreign exchange markets, (b) freely transferable and (c) freely convertible into dollars.

  • Applicable Currency means, as to any particular payment or Loan, Dollars or the Offshore Currency in which it is denominated or is payable.

  • Domestic Currency means the currency specified as such and any successor currency. If no currency is so specified, the Domestic Currency shall be the lawful currency and any successor currency of (i) the relevant Reference Entity, if the Reference Entity is a Sovereign, or (ii) the jurisdiction in which the relevant Reference Entity is organised, if the Reference Entity is not a Sovereign. In no event shall Domestic Currency include any successor currency if such successor currency is the lawful currency of any of Canada, Japan, Switzerland, the United Kingdom or the United States of America or the euro (or any successor currency to any such currency).

  • Reference Currency means the currency specified as such in the applicable Final Terms.

  • Issue Currency or "SEK" means Swedish Krona. "Launch Date" means 04 March 2022.

  • Balance Currency means the currency under which the trading account has the reference on and with which the Client buys or sells the subject matter instruments. It is noted that the all charges including Spreads, Commissions, Charges and Swaps are calculated in the Balance Currency.

  • National Currency means the currency, other than the Euro, of a Participating Member State.

  • Australian Dollars means the lawful currency of Australia.

  • Available Currency means Dollars, and any other currency as the relevant Borrower, each of the relevant Revolving Credit Lenders or the relevant Term Lenders, as the case may be, and the Administrative Agent may agree to from time to time.

  • freely usable currency means freely usable currency as defined under the Articles of Agreement of the International Monetary Fund.

  • Alternative Currency means each of Euro, Sterling, Yen and each other currency (other than Dollars) that is approved in accordance with Section 1.06.

  • Canadian Dollars means the lawful currency of Canada.

  • Cryptocurrency means a digital or electronic medium of exchange, operating independently of a central bank, in which encryption techniques are used to regulate generation of units and to verify transfer of units from one person to another.

  • Base Currency Amount means, in relation to a Loan, the amount specified in the Utilisation Request delivered by a Borrower for that Loan (or, if the amount requested is not denominated in the Base Currency, that amount converted into the Base Currency at the Agent’s Spot Rate of Exchange on the date which is three Business Days before the Utilisation Date or, if later, on the date the Agent receives the Utilisation Request) adjusted to reflect any repayment or prepayment of the Loan.

  • Australian Dollar means the lawful currency of Australia.

  • Index Currency means USD.

  • Alternate Currency means (i) with respect to any Letter of Credit, Canadian Dollars and any other currency other than Dollars as may be acceptable to the Administrative Agent and the Issuing Bank with respect thereto and all respective Lenders of such Facility with respect thereto in their sole discretion and (ii) with respect to any Loan, any currency other than Dollars that is approved in accordance with Section 1.05.

  • First Currency has the meaning specified in Section 1.15.

  • Fiat Currency means a currency issued by a country's government or central bank.

  • Agreed Foreign Currency means, at any time, any of CAD, GBP, EUR, AUD, JPY, CHF, SEK and NZD, and, with the agreement of each Multicurrency Lender and Multicurrency Issuing Bank, any other Foreign Currency, so long as, in respect of any such specified Foreign Currency or other Foreign Currency, at such time (a) such Foreign Currency is dealt with in the relevant local market for obtaining quotations, and (b) no central bank or other governmental authorization in the country of issue of such Foreign Currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such Foreign Currency by any Multicurrency Lender for making any Revolving Loan hereunder or to permit any Issuing Bank to issue (or to make payment under) any Letter of Credit denominated in such Foreign Currency and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon (or to repay any LC Disbursement under a Letter of Credit denominated in such Foreign Currency), unless such authorization has been obtained and is in full force and effect.

  • LIBOR Currency means the currency specified on the face hereof as to which LIBOR shall be calculated or, if no currency is specified on the face hereof, United States dollars. “LIBOR Page”

  • Special Notice Currency means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe.

  • Canadian Dollar means the lawful currency of Canada.