P/G/B/P + Foreign exchange fluctuations | CA Final Direct Tax Lecture 06

P/G/B/P + Foreign exchange fluctuations | CA Final Direct Tax Lecture 06 Get in touch with our expert: +91 9700000038 Or for more details, you can log in to our website https://www.vglearningdestination.com/ For free access to amendment lectures, please share your details on below link: https://docs.google.com/forms/d/e/1FA... xchange rates float freely against one another, which means they are in constant fluctuation. Currency valuations are determined by the flows of currency in and out of a country. A high demand for a particular currency usually means that the value of that currency will increase. Currency demand is driven by tourism, international trade, mergers and acquisitions, speculation, and the perception of safety in terms of geo-political risk. For example, if a company in Japan sells products to a company in the U.S. and the U.S.-based company has to convert dollars into Japanese yen to pay for the goods, the flow of dollars into yen would indicate demand for Japanese yen. If the total currency flow led to a net demand for Japanese yen, the currency would increase in value. About VG Learning Destination: VG Learning Destination is having 150+ centers across India and abroad. Face to Face classes (Physical classroom teaching) is held in Delhi. Virtual Classes are available across all parts of India. Covering 21+ States and more than 120 cities. For more details, you can log in to our website www.vglearningdestination.com Email: [email protected] Head Office: 4E/10, Jhandewalan Extn., New Delhi Contact: +91 9700000038 Connect with us Facebook:   / vgldi   Instagram:   / vinodgupta.classes   LinkedIn:   / vg-learning-destination-pvt-ltd   Twitter:   / vgclasses   #ACCA #GoldlearningpartnerACCA #VGLearning #VinodGupta #GlobalAccountant #Foreigncourses