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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- ITDS U/S.194T of Firm
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- TDS ON EMAIL DOMAIN SERVICE BILL
- Invertaded duty struture
- GST not cancelled by tenant
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
