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Revaluation of PCFC Loan

This query is : Resolved 
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(Querist)
21 November 2008 Confirm whether PCFC Loan taken in foreign currency will be revalued at TT Selling rate or Average rate
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Deepak Agrawal

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Deepak Agrawal (Expert)
21 November 2008 Loan taken means its ur liability.
U have to repay in foreign currency. So U will have to purchase foreign currency for payment of loan

so value at TT Seeling rate
Selling rate in pt of view of dealer.
SO if U will buy, he will sell.
So TT Selling Rate
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