Feb 23, 2006 12:37
18 yrs ago
1 viewer *
Dutch term

girale middenkoers

Dutch to English Bus/Financial Finance (general) Banking
This is the rate to be used by a Dutch bank for converting from one currency to another. It is contrasted with the laatkoers.
Proposed translations (English)
4 +4 interbank mean rate

Discussion

Brian Moses (asker) Feb 23, 2006:
Thanks but laatkoers ? Many thanks for the girale middenkoers - this fits the bill nicely.

I notice that Eurodicatom gives "offer price" or 'ask price' for laatkoers, maybe by analogy with the LIBOR that you mention Are you (all) sure about your suggestion for laatkoers ?

Proposed translations

+4
30 mins
Selected

interbank mean rate

Compare, for example, LIMEAN, the London Interbank Mean rate:

- London interbank offered rate (LIBOR),
- London interbank bid rate (LIBID), or
- London interbank mean rate (LIMEAN) (average of LIBOR and LIBID).
(http://stats.oecd.org/glossary/detail.asp?ID=4673)

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Note added at 30 mins (2006-02-23 13:08:28 GMT)
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laatkoers = overnight rate

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Note added at 4 days (2006-02-28 10:12:35 GMT) Post-grading
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sorry, the 'laatkoers' is the 'ask price', of course!
Peer comment(s):

agree D.K. Tannwitz
16 mins
agree Dave Calderhead
2 hrs
agree Dennis Seine
2 hrs
agree CI95 : or similar eg interbank mid(-market) rate, but the asker is right about laatkoers=offer/ask price (cf biedkoers=bid price).
5 hrs
yes, you're right of course: 'ask price'
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks for this answer. Regards, Brian"
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