Examples of Sell Currency in a sentence
Compensation for an Obligation to Sell Currency in the Future (Hedging), in Chicago Journal of International Law, n.
Failure to deliver the full amount of the Sell Currency constitutes a material breach of these Terms and Conditions of Trade.
The following table presents a summary of foreign exchange contracts outstanding as of August 31, 1997 and August 31, 1996: 1997 1996 ---------------------- ------------------------ Contract Fair Contract Fair Amount Value Amount Value ----------- ----------- ------------ ---------- Buy Currency $ 2,636,000 $ 2,529,000 $ 390,000 $ 391,000 Sell Currency $50,747,000 $50,315,000 $49,960,000 $50,131,000 The fair value of foreign exchange contracts was estimated by obtaining quotes from banks.
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The following table presents a summary of foreign exchange contracts outstanding as of August 31, 1995 and August 31, 1994: 1995 1994 =========================== =========================== Contract Fair Contract Fair Amount Value Amount Value ----------- ----------- ----------- ----------- Buy Currency $ 4,002,000 $ 4,052,000 $ 8,947,000 $ 9,139,000 Sell Currency $44,221,000 $44,678,000 $37,758,000 $37,863,000 The fair value of foreign exchange contracts was estimated by obtaining quotes from banks.