Examples of Pound Sterling in a sentence
Cross-Currency Interest Rate Swap Designations The Company holds cross-currency interest rate swaps and designates them as net investment hedges of its investment in Euro- and Pound Sterling- denominated operations.
The relevant rates of exchange information is accessible on www.reservebank.co.za Indicate the rate(s) of exchange against the appropriate currency in the table below (refer to Annex A of SATS 1286:2011): CurrencyRates of exchangeUS Dollar Pound Sterling Euro Yen Other NB: Bidders must submit proof of the SARB rate (s) of exchange used.
Further, the Group has entered into forward foreign exchange contracts to hedge against the foreign exchange exposures arising from United States dollars denominated processing income for factories in the People’s Republic of China (the “PRC”), Thailand and Vietnam, Pound Sterling for sales receipts from customers and Euro for payments to suppliers.
In relation to foreign exchange risks mentioned above, as at 31 December 2009, if Pound Sterling against Hong Kong dollars had been strengthened/weakened by 1% with all other variables held constant, the post-tax loss for the year and the other comprehensive income would be increased/decreased by HK$58,000 and decreased/increased by HK$751,000 respectively, mainly as a result of the change in fair value of forward foreign exchange contracts at the end of the reporting period.
In the UK, that is Pound Sterling in its different forms, in other constituencies the same is known by different names like Euro, Dollar or Yen.