If the transaction is carried forward to the next financial year then we will express these monetary items as outstanding items on date balance sheet date with foreign exchange rate for the given date for example foreign exchange rate declared by RBI on 31st march. These processes will continue till the transaction is settled down.
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It is a myth to believe that most risks are external. One cannot wait passively for events to happen and risk can thus be ignored till that point. Risk can neither be avoided nor eliminated completely. But without taking risk, no business can grow. If there were no risks, then we would not require managers.
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Now if you start to think of pulling out of your equity investments, hold on. There can be strategies where you can make good money but when I talk to people they are changing their investment plans, getting out of stocks and dropping all plans to invest in stocks and so for such people I suggests some funds and stocks and go for a weekly SIP or accumulating as a very good strategy.
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Due to inflation the market has been affected a lot in every sector. Since last few months as there is inflation going on in the world dollar is also affected but experts say that still dollar is strong than euro. In Asian markets the price of oil has increased a lot and it has badly [...]
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