Sir in class it was discussed that in Case when spot rate after 1year is not given and we have to calculate the same , u made us do a shortcut ie Eg – 100Rs/$ Now if $ appreciated by 2% , ...
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Sir while converting currency following rules were to be kept in mind: if popular then check if greater than or less than one and resp. to be checks which is the base currency In case of unpopular currency or same ...
Sir in the class you gave an example of exporter raising invoice in Indian Rupees, due to which the foreign party had to go through conversion cost which raised the cost for importing party, making the demand fall for exporter. ...
KINDLY LET ME KNOW AM I RIGHT OR NOT? Im an importer in need of 1,00,000 $ as on 1st March 2025, and today I went to SBI on 1st January 2025 to buy 2 month forward. Now to cover its ...
While dealing with margins on cross rate transactions, we usually consider margin after calculating cross rate But there is one question in classwork book in which we have calculated margin before calculating cross rate Can anyone please explain?
WE ADDED 0.05 IN RS PER DOLLOR RATE. WHY THIS MARGIN MONEY NOT ADDED IN SGD/DOLLOR RATE , BECAUSE EXCHANGE MARGIN ALSO APPLICABLE IN BOTH RATE , SO WHY NOT APPLIED
doubt 24.12.24 Q1 CW Pg70 Volume 3 we should take exchange rate of 90 only when we are calculating profit if we do not pass on the benefit to the importer i.e. (18,000*30*86.32) – (18,000*1800) = 1,42,12,800 if we are taking exchange rate ...
This is question of Cross rate involving foreign exchange therefore margin need to be adjusted in euro/ pound rate and then divide with Dollar/pound rate. Correct answer should be 0.9619.
In interest rate parity, it was understood that a country having low interest rates will have currency appreciation. But low interest rates imply more money in people’s hand, which will thereafter cause high inflation in the economy as against the ...
Volume-IV page-67 Question 13 in 3 Months Column Annualised Discount rate on Rupee: As per the solution given in the book: 3.25% My solution as per ICAI’s approach: 3.7256% My solution as per the Right approach: 3.566% Is my answer correct? please refer to my working ...