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