ACU

(redirected from Asian Clearing Union)
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AcronymDefinition
ACUAustralian Catholic University
ACUAbilene Christian University (formerly Abilene Christian College; Abilene, TX, USA)
ACUArmy Combat Uniform
ACUAssociation of Commonwealth Universities (UK)
ACUAmerican Conservative Union
ACUArray Configuration Utility
ACUAcute Care Unit (hospital care; various locations)
ACUAFSCME (American Federation of State, County & Municipal Employees) Corrections United
ACUAssociation of Credit Unions (various locations)
ACUAssociation of Clinicians for the Underserved
ACUAcoustic Sensor
ACUAccess Control Unit
ACUAddress Calculation Unit
ACUAutodesk Certified User
ACUAutomatic Client Upgrade
ACUAutomatic Call Unit
ACUAironet Client Utility
ACUArithmetic and Control Unit
ACUAddress Control Unit
ACUAssault Craft Unit
ACUAdvanced Control Unit (various companies)
ACUAntenna Control Unit
ACUAuto Cycle Union (UK)
ACUAironet Client Utility (Cisco tool for managing wireless profiles for use with Aironet PC cards)
ACUAsian Clearing Union
ACUAutomatic Calling Unit
ACUAir Conditioning Unit
ACUArmored Command Unit (gaming; Supreme Commander)
ACUAlliance Credit Union (various locations)
ACUAmtscentret for Undervisning
ACUAsian Congress of Urology
ACUAuto Call (Calling) Unit
ACUAlarm Control Unit
ACUAgrupacion Catolica Universitaria
ACUAdvanced Combat Uniform
ACUAcquisition Control Unit
ACUAutomóvil Club del Uruguay
ACUAudio Control Unit
ACUAirspace Coordination Unit (various locations)
ACUAutomatic Client Update
ACUAfrican Cinema Unit (University of Cape Town; South Africa)
ACUAttitude Control Unit
ACUAvionics Control Unit
ACUAuxiliary Control Unit
ACUAcknowledgement Signal Unit
ACUAntenna Coupler Unit
ACUArithmetic & Control Unit
ACUArm Computer Unit (NASA)
ACUAddress Calculation Unit (digital electronics)
ACUAmstrad Computer User (Amstrad CPC magazine)
ACUAircraft Control Unit
ACUArea Common User
ACUAmerican Church Union
ACUAcceleration Control Unit
ACUAutopilot Control Unit (aviation)
ACUApron Control Unit (aviation)
ACUAtlantic Council of Ukraine
ACUArmy Common User
ACUActors' Church Union (Church of England organisation for the entertainment industry)
ACUAutomatic Calibration Unit
ACUAwaiting Class Up
ACUAssistant C/Unix
ACUAir Compressor Unit
ACUAir Cleanup Unit
ACUAlarm Concentration Unit
ACUAssociation Centre Univers
ACUAntenna Combinary Unit
ACUAmbulatory Cardiac Unit
ACUAlarm Collection Unit
ACUAnalog Conversion Unit
ACUAutomatic Coil Unwinder
ACUAmplifier Converter Unit
References in periodicals archive ?
The problem with the Asian Clearing Union procedures is that it simply tells the RBI what net amount to pay.
On Friday, director of the Iranian central bank offered the UAE dirham and the Japanese yen as the possible alternatives for settling bilateral oil trade after the Reserve Bank of India discontinued payments through the 35-year-old Asian Clearing Union (ACU) system.
Iran and its biggest crude oil customer India were last week trying to resolve the issue of payments for crude oil after the Reserve Bank of India (RBI) recently imposed curbs, saying oil-related import payments from any Asian Clearing Union (ACU) state should be settled outside the mechanism.
31 (ANI): Indian oil firms are facing a crisis after the Reserve Bank of India's declaration that they can no longer use the Asian Clearing Union, a clearing house set up by the United Nations in the 1970s, for commerce between Asian countries.
Last week, the Reserve Bank of India said deals with Iran must be settled outside a long-standing Asian Clearing Union system.
The Reserve Bank of Indiahas said that deals with Iran must be settled outside the Asian Clearing Union (ACU) system used by it and other member nations' central banks to settle bilateral trades.
The Reserve Bank of India said in a statement that Indian oil imports payments to Iran will have to be settled outside the existing Asian Clearing Union (ACU) mechanism, which involves the central banks of India, Bangladesh, Maldives, Myanmar, Iran, Pakistan, Bhutan, Nepal and Sri Lanka.
The Asian Clearing Union (ACU), with headquarters at Tehran (Iran), was established on 9 December 1974 at the initiative of the Economic and Social Commission for Asia and Pacific (ESCAP) of the United Nations.
The study also stressed the need to discuss if there is still a need to expand the membership of the Asian Clearing Union -- established in 1974 under the auspices of the (Tehran-based) Economic and Social Commission for Asia and the Pacific (ESCAP) -- or whether a new East Asian Clearing Union should be established.
The Asian clearing union is discussed in Chapter 6.
With Reserve Bank of India in December 2010 scrapping a mechanism of settling payments through the Asian Clearing Union route, India has been paying 55 per cent of the value of oil imports from Iran in euros through Turkey's Turkiye Halk Bankasia.
700 million was paid to Asian Clearing Union (ACU) by government in import bill, depleting the reserve in the first week of the month.
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