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Glossary > C > "Current rate method" Definition

Current rate method

Under this currency translation method, all foreign currency balance-sheet and income statement items are translated at the current exchange rate.

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Current rate method - Under this currency translation method, all foreign currency balance-sheet and income statement items are translated at the current exchange rate.

Current rate method : under this currency translation method, all foreign currency balance-sheet and income statement items are translated at the current exchange rate.