Decision ID: 001455

In May 2003 the 1992 Fund Executive Committee noted that, in accordance with its decision at its 20th (February 2003) session regarding the conversion of 135 million SDR into Euros, the rate of exchange on 7 February 2003 (the date of the adoption of the Record of Decisions of that session) was 1 Euro = 0.78707700 SDR and that as a result, 135 million SDR corresponded to €171 520 703 (£112 million).

Date: 30.04.2003
Category: Financial limits, limitation proceedings and indemnification
Subject: Maximum aggregate amount payable under the Conventions in accordance with Article 4.4 of the 1971 and 1992 Fund Conventions