the price at which a quoting party is prepared to sell or lend currency. This is the same price at which the party to whom the rate is quoted will buy or borrow if it desires to do business with the quoting party.
The rate of exchange to be used for the purposes of paragraph 1 shall be the latest selling rate recorded on the most representative exchange market or markets of the country in which the applicant authority is situated, on the date when the request for recovery is signed.
'rate recorded' shall mean: - the latest selling rate of exchange recorded for commercial transactions on the most representative exchange market or markets of the Member State concerned, or ...
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31985R1766 ja 31993R2454 on kehtetud. [20.09.2018]
