TERMIUM Plus®

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FOREIGN EXCHANGE COST [5 records]

Record 1 2014-05-21

English

Subject field(s)
  • Financial and Budgetary Management
  • Taxation
CONT

The government's debt management strategy aims to minimize the cost of the debt while limiting the risks related to fluctuations in foreign exchange and interest rates.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Fiscalité
CONT

La stratégie de gestion de la dette du gouvernement vise à minimiser les coûts de la dette tout en limitant les risques liés aux fluctuations des taux de change et des taux d’intérêt.

Spanish

Save record 1

Record 2 1998-05-14

English

Subject field(s)
  • Economic Planning
  • Financial and Budgetary Management
DEF

The cost in domestic currency required to earn a unit of foreign exchange through a proposed project. In discounted cash flow analysis, the present worth of the domestic currency cost of realizing a foreign exchange saving divided by the present worth of the net foreign exchange saving. A project is accepted if the domestic resource cost is less than the official exchange rate in financial analysis, or less than the shadow exchange rate(or the reciprocal of the standard conversion factor) in economic analysis. Initially formulated as an undiscounted measure based on a single year.

French

Domaine(s)
  • Planification économique
  • Gestion budgétaire et financière

Spanish

Campo(s) temático(s)
  • Planificación económica
  • Gestión presupuestaria y financiera
DEF

Es el costo en moneda nacional que se precisa para obtener una unidad de divisas a través de un proyecto propuesto. En el análisis de flujo de fondos actualizado, es el valor actual del costo en moneda nacional de obtener un ahorro en divisas dividido por el valor actual del ahorro neto en divisas. Se acepta un proyecto si el costo en recursos internos es menor que el tipo de cambio oficial en el análisis financiero, o menor que el tipo de cambio de cuenta (o el recíproco del factor estandar de conversión) en el análisis económico. Fue formulado inicialmente como una medida no actualizada basada en un solo año.

Save record 2

Record 3 1998-04-09

English

Subject field(s)
  • Loans
DEF

When the [World] Bank or other lending institution lends money to a national development institutions which, in turns, onlends the funds, the cost of the subloan is determined by the interest rate and other charges levied by the national development institution and by the foreign exchange costs.

French

Domaine(s)
  • Prêts et emprunts

Spanish

Campo(s) temático(s)
  • Préstamos
Save record 3

Record 4 1991-10-21

English

Subject field(s)
  • Stock Exchange
  • Currency and Foreign Exchange
  • Investment
CONT

Thus the total transaction cost for the betting strategy proposed, which involves a purchase or sale of foreign exchange at the forward exchange rate and a subsequent sale or purchase of foreign exchange in the spot market at the time the contract matures, is one half of the forward rate spread plus one half of the pertinent spot rate spread.

French

Domaine(s)
  • Bourse
  • Politique monétaire et marché des changes
  • Investissements et placements
CONT

Par conséquent, le coût total des transactions pour la stratégie de pari proposée, qui comporte un achat ou une vente de devises au cours du terme et par la suite, à l'échéance du contrat, une vente ou un achat de devises sur le marché du comptant, est égal à la moitié de l'écart entre les cours du terme, plus la moitié de l'écart entre les cours pertinents du comptant.

Spanish

Save record 4

Record 5 1991-10-07

English

Subject field(s)
  • Stock Exchange
  • Currency and Foreign Exchange
  • Investment
CONT

Thus the total transaction cost for the betting strategy proposed, which involves a purchase or sale of foreign exchange at the forward exchange rate and subsequent sale or purchase of foreign exchange in the spot market at the time the contract matures, is one half of the forward rate spread plus one half of the pertinent spot rate spread.

French

Domaine(s)
  • Bourse
  • Politique monétaire et marché des changes
  • Investissements et placements
CONT

Par conséquent, le coût total des transactions pour la stratégie de pari proposée, qui comporte un achat ou une vente de devises au cours du terme et par la suite, à l'échéance du contrat, une vente ou un achat de devises sur le marché du comptant, est égal à la moitié de l'écart entre les cours du terme, plus la moitié de l'écart entre les cours pertinents du comptant.

Key term(s)
  • écart des cours du comptant

Spanish

Save record 5

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