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19 CFR 351.415 : Customs Duties (§ 0.1 To Parts 400-599) — (§ 200.735-101 To Parts 400-599) — International Trade Administration, Department Of Commerce (Parts 300-350 To Parts 361-399) — Antidumping And Countervailing Duties (§ 351.101 To § 351.702) — Calculation Of Export Price, Constructed Export Price, Fair Value, And Normal Value (§ 351.401 To § 351.415) — Conversion of currency.

4 Aug 2016

(a) In general. In an antidumping proceeding, the Secretary will convert foreign currencies into United States dollars using the rate of exchange on the date of sale of the subject merchandise.

(b) Exception. If the Secretary establishes that a currency transaction on forward markets is directly linked to an export sale under consideration, the Secretary will use the exchange rate specified with respect to such foreign currency in the forward sale agreement to convert the foreign currency.

(c) Exchange rate fluctuations. The Secretary will ignore fluctuations in exchange rates.

(d) Sustained movement in foreign currency value. In an antidumping investigation, if there is a sustained movement increasing the value of the foreign currency relative to the United States dollar, the Secretary will allow exporters 60 days to adjust their prices to reflect such sustained movement.

19 CFR 351.415