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Exchange revaluation

This query is : Resolved 

24 May 2012 Dear sir,
1)I want to revalued my account as on 31.3.2012 ( as per as-11 ) for my overseas debtor & creditor , my question is
In last year my auditor has done the revaluation of debtor & creditor on 31.3.2011 but the rate which he used for revaluation was different for debtor i.e (Rs.45.23 for 1 USD ) & creditor (Rs.44.20 for 1 USD)
So my query is shall I take this two different rates for this year also or shall I used only one rate as on 31.3.2012 which is rs. 50.35 equivalent to 1 USD as per HSBC BANK
If I used the different rates, how will I find these rate
Please help

25 May 2012 RBI's TT Buying Rate for Debitor - logic - the amount received from Debitors we will sell to RBI & RBI will by the Foreign currency.
RBI's TT Selling Rate for Creditor outstanding Payments as we will have to buy the foreign currency from RBI at TT Selling Rate.


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