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Exchange rate for currency conversion

Others 420 views 2 replies
for import and export value conversion to vaule at the closing rate on 31-3-2022 financial statement reporting date , which exchange of sbi used? there are many rate available in the sbi forex card eg:- TT Selling and Buying rate, TC buying and selling rate, PC buying rate, currency selling and buying rate, bill selling and buying rate
Replies (2)

TT buying rate..             

For both import and export TT buying rate will use? in forex card there are two rates bolow 10 lakh and above 10 lakh transactions, then which rate will use for this purpose?


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