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Former Member
Dec 13, 2007 at 07:42 PM

Foreign Currency Vs local currency

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Hi,

IN IMPORT purchase, vendor sent me the quotation in foreign currency so what should be the currency in which PO should be raised?

Also where to maintain the relation between the Local and Foreign currency and which exchange rates are applicable for this, as the exchange rates are not fixed over time period and changes daily?

Best regards,

Ashu