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IDR |
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IDR The ISO 4217 currency code for the Indonesian Rupiah. IDR International Depository Receipt A certificate issued by a bank representing shares of a stock the bank holds in trust but that are traded on a foreign stock exchange. The IDR is denominated in the local currency, and entitles the bearer to any dividends and other benefits associated with the shares. IDRs can be traded like any other security. Using IDRs shields the investor from foreign exchange risk and any applicable tariffs he/she would have had to pay if he/she had bought the stock outright. It also exempts the investor from any requirements the foreign exchange might have levied. It is also known as a global depository receipt (GDR). See also: American Depository Receipt. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Standard Chartered is expected to raise approximately $500m through its IDR offering. B" short-term foreign currency IDR, "BBB-" long-term local currency IDR, "F3" short-term local currency IDR, " Juan Carlos Perez, Coordinador Unidad CentralAdquisiciones del IDR. |
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