Nevada Statutes
§ 17.530 — “Rate of exchange” defined
“Rate of exchange” means the rate at which money of one country may be converted into money of another country in a free financial market convenient to or reasonably usable by a person obligated to pay or to state a rate of conversion. If separate rates of exchange apply to different kinds of transactions, the term means the rate applicable to the particular transaction giving rise to the foreign-money claim.
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Legislative History
(Added to NRS by 1993, 194 )
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