TCI reported 62 percent inflation over the preceding three years and said its 115,000-million-rial damaged-asset estimate needed upward revision. The annex distinguished the original valuation from the rising cost of replacement.
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What does TCI’s 62-percent inflation figure describe?
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Uitleg
TCI reported 62 percent inflation over the preceding three years and said its 115,000-million-rial damaged-asset estimate needed upward revision. The annex distinguished the original valuation from the rising cost of replacement.
TCI’s reported inflation raised the issue of revising its damaged-asset valuation.
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Uitleg
TCI reported 62 percent inflation over the preceding three years and said its 115,000-million-rial damaged-asset estimate needed upward revision. The annex distinguished the original valuation from the rising cost of replacement.