hay un efecto de Tasa Rep del Mercado

English translation: representative market exchange rate effect

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:hay un efecto de Tasa Rep del Mercado
English translation:representative market exchange rate effect
Entered by: Jenette Holyoak

17:38 Sep 29, 2005
Spanish to English translations [PRO]
Bus/Financial - Insurance
Spanish term or phrase: hay un efecto de Tasa Rep del Mercado
Hi Proz,
The phrase I am looking for is un efecto de tasa - does this mean impact becuase of the market rate??
The whole sentence goes:
Hay un efecto de Tasa Rep del mercado diferente en la conversion del 2004 la cual era equivalente a xxxx por cada US$.
Thanks
Jenette Holyoak
United Kingdom
Local time: 05:11
representative market exchange rate effect
Explanation:
the put (call) option is that the representative market exchange rate (TRM, certified by the. Banking Superintendence) be below (above) its 20 working day ...
www.bis.org/publ/bppdf/bispap24k.pdf

The call options can be exercised once the representative market exchange rate exceeds the 20 day moving average. Through the end of April, the Central Bank ...
www.latin-focus.com/latinfocus/briefings/2003/0305_briefing...

Said deposit must be made in Colombian Pesos prior to each disbursement, applying the representative market exchange rate for the date when the deposit is ...
www.bomchilgroup.org/colsep97.html - 10k



--------------------------------------------------
Note added at 31 mins (2005-09-29 18:09:55 GMT)
--------------------------------------------------

I found a section on "Country-unique terms" in an AT&T Service Manual that says that "tasa rep del mercado" is what the official exchange rate is called in Colombia. (Is your text from Colombia?)

Unless otherwise mandated by Colombian law, invoices for all applicable Charges shall be rendered in US Dollars, and payment shall be made in US Dollars. If any law, rule or regulation of a competent Colombian authority requires that payment for services rendered in Colombia must be made in Colombian Pesos, payment shall be made in the equivalent amount in Colombian Pesos based on the official exchange rate or "Tasa Representativa del Mercado" ("T.R.M."), set on the day immediately prior to the date the payment is made.

... Miscellaneous; Country Unique Terms; Glossary/Acronyms ... Pesos based on the official exchange rate or "Tasa Representativa del Mercado" ("TRM"), ...
www.att.com/abs/serviceguide/docs/evpn_sg.doc
Selected response from:

Rebecca Jowers
Spain
Local time: 06:11
Grading comment
Thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
4representative market exchange rate effect
Rebecca Jowers


Discussion entries: 3





  

Answers


16 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
representative market exchange rate effect


Explanation:
the put (call) option is that the representative market exchange rate (TRM, certified by the. Banking Superintendence) be below (above) its 20 working day ...
www.bis.org/publ/bppdf/bispap24k.pdf

The call options can be exercised once the representative market exchange rate exceeds the 20 day moving average. Through the end of April, the Central Bank ...
www.latin-focus.com/latinfocus/briefings/2003/0305_briefing...

Said deposit must be made in Colombian Pesos prior to each disbursement, applying the representative market exchange rate for the date when the deposit is ...
www.bomchilgroup.org/colsep97.html - 10k



--------------------------------------------------
Note added at 31 mins (2005-09-29 18:09:55 GMT)
--------------------------------------------------

I found a section on "Country-unique terms" in an AT&T Service Manual that says that "tasa rep del mercado" is what the official exchange rate is called in Colombia. (Is your text from Colombia?)

Unless otherwise mandated by Colombian law, invoices for all applicable Charges shall be rendered in US Dollars, and payment shall be made in US Dollars. If any law, rule or regulation of a competent Colombian authority requires that payment for services rendered in Colombia must be made in Colombian Pesos, payment shall be made in the equivalent amount in Colombian Pesos based on the official exchange rate or "Tasa Representativa del Mercado" ("T.R.M."), set on the day immediately prior to the date the payment is made.

... Miscellaneous; Country Unique Terms; Glossary/Acronyms ... Pesos based on the official exchange rate or "Tasa Representativa del Mercado" ("TRM"), ...
www.att.com/abs/serviceguide/docs/evpn_sg.doc

Rebecca Jowers
Spain
Local time: 06:11
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 64
Grading comment
Thanks!

Peer comments on this answer (and responses from the answerer)
neutral  María Eugenia Wachtendorff: Después de ver este último ejemplo, yo lo dejaría en castellano, por tratarse de un término netamente colombiano.
37 mins
  -> yes or use "official exchange rate (TRM)" as I have seen in several entries.

neutral  Marsha Wilkie: Estoy de acuerdo con María Eugenia en cuanto a usar 'official exchange rate'.
1 hr
  -> Sí, pero la sugerencia de usar "official exchange rate" es mía, en vez de dejarlo en castallano
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.


See also:

Your current localization setting

English

Select a language

Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search