Get Service Area Units - Ozarks Technical Community College - Otc

Re: Foreign Currency Translation Reserve (FCTR) Cash at the opening +/- movements of the period +/- foreign exchanges effects = Cash at the closing. The movements in the cash flow statements are using the average exchange rate of the FY.

Current – Also referred to as ending rate. This rate is the currency exchange rate that is effective at the end of the reported upon period. This rate is used for most asset and liability accounts in the balance sheet.

The key difference is that a foreign currency transaction is when the company transacts with an unaffiliated 3rd party. Foreign currency remeasurement/translation occurs internally between the parent and subsidiaries.

Re: Foreign Currency Translation Reserve (FCTR) Cash at the opening +/- movements of the period +/- foreign exchanges effects = Cash at the closing. The movements in the cash flow statements are using the average exchange rate of the FY.

To put in most simple word possible, FCTR or foreign currency translation reserve is the difference between the translated values of any asset/liability at EOM rate and historical rate.

To maintain the fixed exchange rate, the central bank must intervene and sell foreign exchange to buy domestic currency. The foreign exchange market intervention will decrease the domestic money supply and shift the LM curve back to LM to restore the initial equilibrium at e.

To maintain its exchange rate, the government will buy and sell its own currency against the currency to which it is pegged. Short-term moves in a floating exchange rate currency reflect speculation, rumors, disasters, and everyday supply and demand for the currency.

In addition, foreign currency translation reserves which arise out of translation of financial statements of a bank's foreign operations to the home currency can also now be partly considered as Tier-1 capital. The same holds for deferred tax assets, part of which will be now counted as Tier-1 capital.

Re: Foreign Currency Translation Reserve (FCTR) Cash at the opening +/- movements of the period +/- foreign exchanges effects = Cash at the closing. The movements in the cash flow statements are using the average exchange rate of the FY.

Current – Also referred to as ending rate. This rate is the currency exchange rate that is effective at the end of the reported upon period. This rate is used for most asset and liability accounts in the balance sheet.

The key difference is that a foreign currency transaction is when the company transacts with an unaffiliated 3rd party. Foreign currency remeasurement/translation occurs internally between the parent and subsidiaries.

Re: Foreign Currency Translation Reserve (FCTR) Cash at the opening +/- movements of the period +/- foreign exchanges effects = Cash at the closing. The movements in the cash flow statements are using the average exchange rate of the FY.

To put in most simple word possible, FCTR or foreign currency translation reserve is the difference between the translated values of any asset/liability at EOM rate and historical rate.

To maintain the fixed exchange rate, the central bank must intervene and sell foreign exchange to buy domestic currency. The foreign exchange market intervention will decrease the domestic money supply and shift the LM curve back to LM to restore the initial equilibrium at e.

To maintain its exchange rate, the government will buy and sell its own currency against the currency to which it is pegged. Short-term moves in a floating exchange rate currency reflect speculation, rumors, disasters, and everyday supply and demand for the currency.

In addition, foreign currency translation reserves which arise out of translation of financial statements of a bank's foreign operations to the home currency can also now be partly considered as Tier-1 capital. The same holds for deferred tax assets, part of which will be now counted as Tier-1 capital.