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B-245760, Jan, 1992
https://www.gao.gov/products/404814

B-245760: Jan 1, 1992

DIGEST: Deficiency in disbursing officer's account which is solely attributable to currency devaluations in foreign exchange transactions may be restored by the Department of the Treasury as authorized by 31 U.S.C. It is not necessary or appropriate for federal agencies to seek relief from GAO for such a loss. To the extent that the loss in the value of the USDO's account resulted from foreign exc...

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[Comments on Loss Due to Foreign Exchange Transactions and Currency Devaluation]
https://www.gao.gov/products/149604

B-245760: Jan 16, 1992

This decision responded to a State Department request, dated September 11, 1991, regarding an apparent loss of 7,073,871 Laotian Royal Kip (U.S.E. $5,892.52) which has been carried on the accounts of the United States Disbursing Officer in the Regional Administrative Management Center in Bangkok for over ten years. The State Department suggested that the loss probably occurred when the Government...

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