Tags » Foreign Exchange Rates

IAS 21 the effects of changes in foreign exchange rates

IAS 21 defines functional currency as the ‘currency of primary economic environment in which the entity operates’.

Each entity, whether an individual company, or a parent of a group, or an operation within a group, should determine its functional currency, and measure its results and financial position in that currency. 224 more words


An Introduction To Foreign Exchange Rates

Foreign exchange rates affect not only a country’s economy, but also the average man in the street. If you purchase a foreign item or you travel internationally, you are involved in this massive financial market. 66 more words


Ambassador Bridge Toll Goes Up On Canadian Side

DETROIT (WWJ/AP) – The price has increased to travel the bridge that connects Detroit with Windsor, Ontario, coming from the Canadian side.

The toll from Canada has increased from $5 to $6.25 for passenger vehicles. 137 more words


Cash overseas: more fees than a dog has fleas

So you are travelling overseas (eg Europe) from your own country.

How on earth do you get the least amount of fees charged whilst spending money overseas? 594 more words


EasyCashTrade Presents Share Market Tips For The Beginners

Stock Exchange is a place where all the companies invite people to come & invest. The success of the investment is based on certain factors like market conditions, currency rates, foreign exchange rates, currency trading systems and even luck, if you believe in it! 295 more words


Trade and the Dollar

The dollar has certainly put on a show of late. Over the last 6 months it has gained some 13 percent against the yen, 21 percent against the euro, and 12 percent against the world when weighting various currencies according to their importance in U.S. 1,185 more words