Exchange rate
This query is : Resolved
15 December 2010
Spot rate: FF5.70==$1
IF FF IS TO BE APPRECIATED BY 10%
PLZ CALCULATE NEW SPOT RATE
IF FF IS TO BE APPRECIATED BY 10%
PLZ CALCULATE NEW SPOT RATE
15 December 2010
5.70 - .57 = 5.13
Since FF has apprecaited the buying power of dollar has fallen.
Since FF has apprecaited the buying power of dollar has fallen.
16 December 2010
sir in above case if $ is to be appreciated by 10%
what will be the exchange rate
and
in above answer if we say that as ff is appreciated by 10% now ff5.7 can buy $1.1 as purchasing power of ff is appreciated
plz reply
what will be the exchange rate
and
in above answer if we say that as ff is appreciated by 10% now ff5.7 can buy $1.1 as purchasing power of ff is appreciated
plz reply
16 December 2010
A very confusing question.
Purchasing power of FF increased in first case so it will be now ff5.7 can buy $1.1 as purchasing power of ff is appreciated and hence the above reply stands modified.
Purchasing power of FF increased in first case so it will be now ff5.7 can buy $1.1 as purchasing power of ff is appreciated and hence the above reply stands modified.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Internship/Academic shown in Salary Pay Slip of a Doctor
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Liable to deduct tds and 44ADA
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
