EASYOFFICE

Foreign currency conversion

This query is : Resolved 

13 April 2017 Suppose 1 Dollar =Rs.65/66.50
whether dollar is to be converted at Rs.65 or at Rs.66.50?
In some question left figure is taken for conversion but in other right figure is taken for conversion.why?

13 April 2017 it depends on whether you are selling dollar or buying dollar...you will generally be able to sell at lower rate and buy at higher..



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries