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closing mid-point rate

Serbo-Croat translation: zaključni srednji kurs


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:closing mid-point rate
Serbo-Croat translation:zaključni srednji kurs
Entered by: bpetrov
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10:24 Feb 14, 2011
English to Serbo-Croat translations [PRO]
Bus/Financial - Finance (general) / advertising
English term or phrase: closing mid-point rate
If for whatever reason the local currency equivalent of the cost to Agency of any materials or services purchased overseas for the Media Services and/or the Additional Services is less or more than the cost anticipated at the date when such obligations were incurred, Agency will credit respectively charge Company at the rate of currency exchange which is in operation at the time Agency makes its remittance overseas, as well as any other costs incurred by Agency in this overseas purchase, like foreign exchange commission or other banking charges. The rate of currency exchange in operation at the time is deemed to be the closing mid-point rate in ……….. (local government bank) for the day Agency makes its remittance overseas as subsequently quoted in the next published edition of ………(local newspaper).
bpetrov
Serbia
Local time: 19:52
zaključni srednji kurs
Explanation:
,,,
Selected response from:

M. Vučković
Local time: 19:52
Grading comment
hvala!
4 KudoZ points were awarded for this answer



Summary of answers provided
4zaključni srednji kurs
M. Vučković


  

Answers


6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
zaključni srednji kurs


Explanation:
,,,

M. Vučković
Local time: 19:52
Specializes in field
Native speaker of: Serbian
PRO pts in category: 36
Grading comment
hvala!
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