AS 11

Rate Charged by banker to Exhange indian rupee to dollar ..

Naresh M

CA Final

★ 75

04-Jul-21 15:50

That is premium. what is the exchange difference on forward exchange contract?

Thread Starter

Abhishek Purohit

CA Inter

★ 10K+

04-Jul-21 15:52

Exchange difference may be premium or discount ..a

Naresh M

CA Final

★ 75

04-Jul-21 15:53

It's not.

Thread Starter

Abhishek Purohit

CA Inter

★ 10K+

04-Jul-21 15:58

Exchange difference on forward contract ( how is it arrived and determined) is explained briefly in Economics for finance and also later on in CA FInal in SFM. pls take it as premium / discount and move forward

Sriram Somayajula

Admin

04-Jul-21 16:57

Ok sir tnq

Thread Starter

Abhishek Purohit

CA Inter

★ 10K+

04-Jul-21 17:00