Spot exchange rate is the exchange rate for immediate delivery.
Spot exchange rate is specifically discussed in IAS 21 The Effects of Changes in Foreign Exchange Rates.
Source: Glossary of Terms of IFRSs as at 31 December 2008.
Spot exchange rate is the exchange rate for immediate delivery.
Spot exchange rate is specifically discussed in IAS 21 The Effects of Changes in Foreign Exchange Rates.
Source: Glossary of Terms of IFRSs as at 31 December 2008.
