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Discussion > Accounts > Cost Accounts >

How to derive the Forex rate in Pricing

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Management Accountant

[ Scorecard : 27]
Posted On 01 July 2009 at 11:25 Report Abuse

Hi, Any one help me how to arrive average rate of forex in Pricing.

Regards

Ravindra

 

 



Venkat Rao Marella
Manager Finance

[ Scorecard : 1424]
Posted On 01 July 2009 at 12:56

we need to assume the weighted average of forecasted forex in the next 3-6-9 months period with probablities asigned on any upward/downward movement


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