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Regarding accounting of import invoices

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While booking import purchase , which exchange rate would we consider. 

I have mada an advance payment for import purchase at an exchange rate of 60 USD. After one month when the goods was received the USD is 65 in this case for booking of purchase which usd should I consider. 

Replies (2)
Purchase a/c Dr 60
to supplier 60

supplier a/c Dr 60
foregin exchange fluctuation reserve a/c Dr 5
to cash a/c 65

at the end of the year

p&l a/c Dr 5
to foregin exchange fluctuation reserve a/c 5

Thank you for your response , let me clarify that as per bill of entry USD was 65 in this case which usd should I taken 


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