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Sonia Chhabra posted in the group CA Final SFM Discussion Group
Bcoz this rate is inter bank rate & we deal with merchnat rate so we first convert it in merchant by addor less margin … Is que main specify nhi kiya bt ye assume kiya gya h in moduel
So my assumption is wrong?
Yes bcoz correct logic is indian bank can add margin on indian market quotation not on international market quotation SGD/$ international market quotation he
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