Foreign Currency Risk Sample Clauses

Foreign Currency Risk. Investing in securities that are priced in foreign currencies involves foreign currency risk. Securities that are priced in foreign currencies can lose value when the Pound rises against the foreign currency. As well, foreign governments may impose currency exchange restrictions, which could limit the ability to buy and sell certain foreign investments and could reduce the value of the foreign securities that are held by investors.
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Foreign Currency Risk. Foreign currency risk is defined as the exposure to loss due to fluctuations in foreign exchange rates. Foreign currency exchange rates are generally affected by a multitude of complex factors, such as the relative strength of the economies of various nations, changes in foreign and domestic interest rates, changes in trade policies, government and central bank interventions and political developments. The Company’s investments may include foreign securities or other investments denominated in non-U.S. currencies. In addition, the Company may receive revenues or incur liabilities from outside of the United States. Consequently, fluctuations in currency rates can affect the Company. In that regard, the Company may use derivative transactions to hedge foreign currency exposure risk. To the extent the Company engages in more sophisticated derivative strategies with respect to foreign currencies, the Board must approve all strategies and testing as part of the risk management process discussed herein.
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Foreign Currency Risk. Client agrees that in the event that Client directs GS to enter into any transaction denominated in a foreign currency:
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Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at June 30, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 28.15 22.87 7.05 2.65 32.05 30.04 As at June 30, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. As at June 30, 2021 Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 0.36 2.64 31.17 30.11 - 31.81 2 September 2021 - 30 December 2021 As at December 31, 2020‌ Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 1.30 0.73 30.43 - 31.27 30.07 - 30.18 January 21, 2021 - November 15, 2021 23. FAIR VALUES OF FINANCIAL INSTRUMENTS Since the majority of the Group’s financial instruments are short-term in nature or carrying interest at rates close to market interest rates, their fair value is not expected to be materially different from the amounts presented in statement of financial position. A fair value is the amount for which an asset can be exchanged or a liability settled between knowledgeable, willing parties in an arm’s length transaction. The fair value is determined by reference to the market price of the financial instruments or by using an appropriate valuation technique, depending on the nature of the instrument.
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Foreign Currency Risk. Client agrees that in the event that Client directs Broker to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk, (ii) all initial and subsequent deposits for margin purposes shall be made in U.S. Dollars, in such amounts as Clearing Firm may, in its sole discretion, require, and (iii) Clearing Firm is authorized to convert funds in Client's Account into and from such foreign currency at a rate of exchange determined by Clearing Firm, in its sole discretion, on the basis of then prevailing money markets, and Client will reimburse Clearing Firm for any expenses incurred in connection therewith.
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Foreign Currency Risk. The Seller and the Exchange Agent will take prudent steps to manage any foreign currency risks arising in connection with the transactions contemplated by this Agreement.
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Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at March 31, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 25.79 22.87 6.34 2.65 31.34 30.04 As at March 31, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. As at March 31, 2021 Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 0.98 2.50 30.43 - 31.27 30.12 - 31.01 April 8, 2021 - November 15, 2021 As at December 31, 2020 Contractual exchange rate ‌‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 1.30 0.73 30.43 - 31.27 30.07 - 30.18 January 21, 2021 - November 15, 2021
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Related to Foreign Currency Risk

  • Foreign Currency The term “

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction."

  • U.S. Currency All sums and amounts payable or to be payable pursuant to the provisions of this Agreement shall be payable in coin or currency of the United States of America that, at the time of payment, is legal tender for the payment of public and private debts in the United States of America.

  • Currency Fluctuations If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall pay or prepay (subject to Borrower’s indemnity obligations under Section 2.20 [Increased Costs and Reduced Return] and Section 2.25 [Indemnity]) within five (5) Business Days after receiving such notice such that the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

  • Foreign Currency Calculations (a) For purposes of determining the Dollar Equivalent of any Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Advance is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Advance to be made or repaid on or prior to the applicable date for such calculation).

  • Currencies 46.1 All payments shall be made in Indian Rupees.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Alternative Currency In the case of a Credit Extension to be denominated in an Alternative Currency, such currency remains an Eligible Currency.

  • Optional Currencies 25 8. Repayment....................................................... 29 9.

  • Alternative Currencies In the case of a Credit Extension to be denominated in an Alternative Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable opinion of the Administrative Agent, the Required Revolving Credit Lenders (in the case of any Loans to be denominated in an Alternative Currency) or the L/C Issuer (in the case of any Letter of Credit to be denominated in an Alternative Currency) would make it impracticable for such Credit Extension to be denominated in the relevant Alternative Currency.

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