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Local Currencies

Novo Nordisk increased adjusted operating profit by 10% in local currencies in the first quarter of 2016 Sales increased by 9% in local currencies

Novo Nordisk increased adjusted operating profit by 10% in local currencies in the first quarter of 2016 Sales increased by 9% in local currencies

... in local currencies, adjusted by DKK 2,376 million for the partial divestment of NNIT and by DKK 449 million for the income related to the out-licensing of assets for inflammatory disorders, both in ...the ...

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Novo Nordisk increased adjusted operating profit by 8% in local currencies in the first six months of 2016 Sales increased by 7% in local currencies

Novo Nordisk increased adjusted operating profit by 8% in local currencies in the first six months of 2016 Sales increased by 7% in local currencies

... Research and development costs increased by 6% in both local currencies and Danish kroner to DKK 6,635 million. The increase in costs reflects higher research costs for diabetes and obesity projects, while ...

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Contents. to our shareholders. consolidated interim financial statements. consolidated interim management. further information

Contents. to our shareholders. consolidated interim financial statements. consolidated interim management. further information

... In the u.s., sales rose by 5% in reporting currency and at EUR 97 million were again higher than the previous year’s figure (previous year: EUR 93 million). Sales growth of 6% was achieved in local currency. Sales ...

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Multinational Intercompany Funds Flow Mechanisms Exposure

Multinational Intercompany Funds Flow Mechanisms Exposure

... weak currencies to more stronger ...utilizing local currencies extensively needs to be adopted and (d) exit strategy must be already thought of by the time agreement is ...multiple local goods ...

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Gross margin improved by 2.2 percentage points in Danish kroner to 85.2% driven by a positive currency impact and product mix.

Gross margin improved by 2.2 percentage points in Danish kroner to 85.2% driven by a positive currency impact and product mix.

... For 2015, operating profit growth is now expected to be around 19% measured in local currencies. The expectations for operating profit growth above the level of sales growth reflect expectations for modest ...

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January December 2008 Full Year Report

January December 2008 Full Year Report

... Swedish Match has a substantial part of its production and sales in EMU member countries as well as in South Africa, Brazil and the US. Consequently, changes in exchange rates of euro, South African rand, Brazilian real ...

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H & M Hennes & Mauritz AB

H & M Hennes & Mauritz AB

... “2014 has been a very good year for H&M. Over the full year we increased our sales by 14 percent in local currencies and by 18 percent in Swedish kronor, to SEK 176.6 billion including VAT. Profit for ...

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The Effects of Dollarisation to the Zimbabwean Economy (1990-2017)

The Effects of Dollarisation to the Zimbabwean Economy (1990-2017)

... The nexus between financial fragility and dollarisation has been supported by De Nicolo, Honohan and Ize (2003) and De Nicolo et al. (2003). Partial dollarisation has its own inherent risk of the statement of financial ...

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External Debt and Exchange Rate Overshooting: The Case of Selected East Asian Countries

External Debt and Exchange Rate Overshooting: The Case of Selected East Asian Countries

... the local currencies of the four East Asian economies against the countries’ top five trading partners’ ...these currencies are available, we have to construct our own ...

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Oil Price Shocks and Macroeconomic Activities in Asean-5 Countries: A Panel VAR Approach

Oil Price Shocks and Macroeconomic Activities in Asean-5 Countries: A Panel VAR Approach

... where roil it is the real oil price (in logs) in local currencies, as defined above. On the basis of asymmetric oil effects, this paper also uses three non-linear specifications of oi[r] ...

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Capital Markets  Utility for Micro finance

Capital Markets Utility for Micro finance

... very expensive and there are minimal hedging instruments for emerging market currencies where MFIs operate. From the perspective of the investment fund, not having local currencies to offer also ...

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The US Subprime Crises and Extreme Market Pressures in Asia

The US Subprime Crises and Extreme Market Pressures in Asia

... the local currencies exacerbated the fundamental weaknesses of the affected ...weak currencies forced many financial institutions and their clients into debilitating insolvencies (Lane ...volatile ...

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Complementary currencies

Complementary currencies

... as local currencies, they have a specific geographical component that currently limits their ...usage. Currencies have a moral geography – how widely should they circulate? What is an ‘optimum ...

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Gross margin improved by 1.6 percentage points in Danish kroner to 84.6% driven by a positive currency impact.

Gross margin improved by 1.6 percentage points in Danish kroner to 84.6% driven by a positive currency impact.

... For 2015, operating profit growth is now expected to be around 17% measured in local currencies. The expectations for operating profit growth above the level of sales growth reflect expectations for modest ...

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Czech LETS (empirical study on local complementary currencies in the Czech Republic) 

Czech LETS (empirical study on local complementary currencies in the Czech Republic) 

... The local currency differs from the conventional ...of local currency creates a qualitatively different relation between the ...of local currencies are balancing (just like in the case of the ...

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Virtual Currencies Bitcoin Risk

Virtual Currencies Bitcoin Risk

... Virtual Currencies – Bitcoin Risk .[r] ...

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Digital currencies in financial networks

Digital currencies in financial networks

... The international monetary and regulatory community has initiated work on several fronts to prepare for an orderly transition to digital currencies (see, e.g., G7, 2019; BIS, 2019; Basel Committee, 2019; FSB, ...

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Cryptocurrency wallet for virtual currencies

Cryptocurrency wallet for virtual currencies

... This project intends to provide a solution for acquiring digital currencies and spending small amounts between each user in the form of wallets. This project would focus on Ghana Cedis, because it would make ...

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Virtual currencies: a threat or boon to India?

Virtual currencies: a threat or boon to India?

... national currencies, may accept credit card payments, wire transfers, postal money orders, cryptocurrencyor other forms of payment in return for digital ...digital currencies are supported by real-world ...

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An Exchange Protocol for Alternative Currencies

An Exchange Protocol for Alternative Currencies

... Another scenario that illustrates the use of our exchange protocol involves a community of Local Exchange Transaction System (LETS) users. In this scenario, Alice works at her local public library and gets ...

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