Create Exchange Rate – A summary of the activity

This activity allows you to create exchange rates for various currency combinations. This activity gives you the facility to upload the exchange rate for various currency combinations from authentic data sources like “Reuters” or “Bloomberg”. The exchange rate values can be uploaded on a daily basis. The system calculates and stores the inverse exchange rates of the currency combination also.

This activity also facilitates you to view the exchange rates entered earlier for a specified date period and for the selected exchange rate type. You can also view the exchange rates for the various currency combinations at the end of a selected financial year or period.

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