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Current Rate Method

Current Rate Method
A currency conversion/ translation technique. Each item shown in foreign currency in the balance-sheet as well as income statement is translated using the exchange rate prevailing currently.

Related posts:

  1. Current / Non-current Method
  2. Cumulative Translation Adjustment (CTA) Account
  3. Monetary / Non-Monetary Method
  4. Temporal Method
  5. Current Yield
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