Rwandan Franc definition

Rwandan Franc means the currency of the Recipient.
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Rwandan Franc or “RWF” means the currency of the Borrower;
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Rwandan Franc or “FRW” means the Recipient’s currency;
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Examples of Rwandan Franc in a sentence

  • Transactions denominated in foreign currencies are translated to the Rwandan Franc at the rate of exchange issued by the National bank of Rwanda (BNR) applicable for the dates of the transaction.

  • Bids shall be evaluated as quoted in the Rwandan Franc currency, in accordance with ITB Sub-Clause 15.1, unless a Bidder has used different exchange rates than those prescribed in ITB Sub-Clause 15.2, in which case the Bid shall be first converted into the amounts payable in different currencies using the rates quoted in the Bid and then reconverted to the Republic of Rwanda’s currency using the exchange rates prescribed in ITB Sub-Clause 15.2.

  • Accounts in joint responsibility:As soon as the specific agreement has been signed, an account in EUR (main account) and one operational account in Rwandan Franc will be opened at the National Bank of Rwanda (NBR).

  • The Rwandan Franc could depreciate further and inflation could rise due to growing import prices.

  • During this period, the Rwandan Franc (FRW) depreciated by 3.7 percent against the USD.

  • Many project websites were not maintained post-project limiting access to outputs.

  • System:BTC systemResponsibility:Joint responsibility or BTC responsibilitySupporting documents for all payments must be kept in the intervention office.Accounts in joint responsibility:As soon as the specific agreement has been signed, an account in EUR (main account) and one operational account in Rwandan Franc will be opened at the National Bank of Rwanda (NBR).

  • In fiscal year 2012/13 its gross domestic product (GDP) was about 4,606 billion Rwandan Franc (RWF) (approx.

  • The local currency of Rwanda is the Rwandan Franc (RWF) BBC News Country Profile: Rwanda, 2013.4.6 Women’s High Percentage in Rwanda Legislature Rwanda operates a bicameral parliament which consists of the senate and the chamber of deputies.

  • In 2015/16, the Rwandan Franc depreciated more than it has in any previous fiscal year this century due to pressure from the USD strengthening and Rwanda’s poor export receipts.


More Definitions of Rwandan Franc

Rwandan Franc means to the Recipient’s local currency.
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Rwandan Franc means the lawful currency of the Republic of Rwanda.
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Rwandan Franc or “RWF” means the currency of the Borrower; and (aa) “Special Account” means the account referred to in Section B of Schedule 1 to this Agreement.
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