How does the frequent fluctuation in the foreign exchange rates impacts the valuation of the stock which are imported from the overseas suppliers?

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Which of the following statements are true regarding foreign exchange rates?
Posted by:
khalde dsoeld
23-September-2018

Accounting

Question ajoutée par Yusuf Dalal , General Accountant. , Gmamco Contracting LLC
Date de publication: 2013/10/01

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par vineel Kumar , deputy general manager , nayara energy limited

To answer your question, it would be required to know whether the fluctuation in price is low or high..! Hope you are aware how the calculation of stock be done.. Price is one of ingredient in the valuation of stock. so whenever there is fluctuation in currency which obviously reflects in our closing stock valuation.

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How does the frequent fluctuation in the foreign exchange rates impacts the valuation of the stock which are imported from the overseas suppliers?

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