Difference between revisions of "Foreign currency"

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(Update for FRS 102)
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* [[Forward foreign exchange rate]]
 
* [[Forward foreign exchange rate]]
 
* [[FRS 102]]
 
* [[FRS 102]]
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* [[GBP]]
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* [[JPY]]

Latest revision as of 07:51, 11 August 2016

Any currency which is not the domestic currency.


The definition of a foreign currency depends on the point of view.

From the perspective of the UK, JPY would be a foreign currency.

Viewed from Japan, GBP would be the foreign currency.


Relevant accounting standards include Section 30 of FRS 102.


See also