Examples of Official Exchange Rate in a sentence
To recover all sums already paid by the Purchaser, and in case of an Indian Tenderer with interest thereon at 2% higher than the prevailing Prime Lending Rate of State Bank of India, while in case of a Tenderer from a country other than India with interest thereon at 2% higher than the LIBOR (London Inter Bank Official Exchange Rate).
The IDB Official Exchange Rate indicated in the RFP will be applied for necessary conversions of local currency payments.
Exchange Rate = Official Exchange Rate provided by the Central Bank of Brazil (Ptax Buying) at the end of the business day immediately preceding the day of submission of the draft agreement to ANP.
To recover all sums already paid by the Purchaser, and in case of an Indian Tenderer with interest thereon at 2% higher than the prevailing Prime Lending Rate of State Bank of India, while in case of a Tenderer from a country other than India with interest thereon at 2% higher than the LIBOR ( Landon Inter Bank Official Exchange Rate).
Seeing as ODA flows are typically calculated using US dollars, we transform euros to dollars using the World Bank’s Official Exchange Rate (local currency units per $US, period average) dataset taken from the World Development Indicators.