Thai Baht definition

Thai Baht or “THB” means the Thai baht, the lawful currency of Thailand;
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Thai Baht or “Baht”means the lawful currency of Thailand.
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Thai Baht means banking book positions in Thai baht affected by change in interest rate which financial institutions must report the effects on net interest income and economic value using the calculated result of the effects from the Report of Interest Rate Risk Measurement in Thai Baht.
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Examples of Thai Baht in a sentence

  • The financial statements are presented in Thai Baht, which is the Company’s functional currency.

  • The interim financial statements are presented in Thai Baht, which is the Company’s functional currency.

  • All financial information presented in Thai Baht has been rounded to the nearest thousand unless otherwise stated.

  • All financial information presented in Thai Baht has been rounded in the notes to the financial statements to the nearest thousand unless otherwise stated.

  • Non-monetary assets and liabilities measured at cost in foreign currencies are translated to Thai Baht using the foreign exchange rates ruling at the dates of the transactions.

  • The interim financial statements are prepared and presented in Thai Baht, which is the Company’s functional currency.

  • Monetary assets and liabilities denominated in foreign currencies at the reporting date are translated to Thai Baht at the foreign exchange rates ruling at that date.

  • All financial information presented in Thai Baht has been rounded in the notes to the financial statements to the nearest million unless otherwise stated.

  • Foreign currency transactions are translated into Thai Baht using the exchange rates prevailing at the date of the transaction.

  • The revenues and expenses of foreign operations are translated to Thai Baht at rates approximating the exchange rates at the dates of the transactions.


More Definitions of Thai Baht

Thai Baht or “THB” means the lawful currency for the time being of Thailand;
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Thai Baht freely transferable lawful money of Thailand.
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Related to Thai Baht

  • Pound Sterling the lawful currency of the United Kingdom.

  • Mexican Pesos means the lawful currency of Mexico.

  • Pounds Sterling means the lawful currency of the United Kingdom.

  • Australian Dollars means the lawful currency of Australia.

  • Euros means the currency adopted by those nations participating in the third stage of the economic and monetary union provisions of the Treaty on European Union, signed at Maastricht on February 7, 1992.

  • Australian Dollar means the lawful currency of Australia.

  • Agreed Foreign Currency means, at any time, (i) any of Canadian Dollars, English Pounds Sterling, Euros, Japanese Yen, Australian Dollars, Swiss Franc, Swedish Krona and New Zealand Dollars, and (ii) with the agreement of each Multicurrency Lender, any other Foreign Currency, so long as, in respect of any such specified Foreign Currency or other Foreign Currency, at such time (a) such Foreign Currency is dealt with in the London interbank deposit market, (b) such Foreign Currency is freely transferable and convertible into Dollars in the London foreign exchange market or the relevant local market, if applicable, and (c) no central bank or other governmental authorization in the country of issue of such Foreign Currency (including, in the case of the Euro, any authorization by the European Central Bank) is required to permit use of such Foreign Currency by any Multicurrency Lender for making any Loan hereunder and/or to permit the Borrower to borrow and repay the principal thereof and to pay the interest thereon, unless such authorization has been obtained and is in full force and effect.

  • Japanese Yen means the lawful currency of Japan.

  • DKK means Danish krone, the lawful currency of Denmark;

  • CHF means Swiss Francs, the lawful currency of Switzerland;

  • Hong Kong Dollar or “HK$” or “HKD” means the lawful currency for the time being and from time to time of Hong Kong.