I've previously covered the basics and introduction to FEDAI . Starting today, I'll delve into the specific rules set by FEDAI. If you...

The revaluation rate in the context of FEDAI (Foreign Exchange Dealers' Association of India) refers to a reference rate used by banks and other financial institutions to adjust the value of their foreign currency assets and liabilities. This rate is essential for accounting and reporting purposes to reflect the current market value of foreign exchange positions on the balance sheet at the end of each business day or regular intervals. Importance of the Revaluation Rate Accur

Introduction to FEDAI: Pioneering Foreign Exchange Standards in India The Foreign Exchange Dealers' Association of India (FEDAI) has been a cornerstone in the Indian forex landscape since its inception in August 1958. Established with the Reserve Bank of India (RBI) approval, FEDAI, a self-regulatory organization, has played a pivotal role in shaping the regulatory framework and operational standards for foreign exchange dealings in India. In this article, we will delve into

Once upon a time, in a bustling factory in the heart of the city, two essential but distinct tasks needed to be done before products...

Trade Theories In the bustling marketplace of Global Tradeville, a town where every country has its unique shop, the evolution of trade...

written by Dhriti Mukherjee Pipil Business is nothing but a mind game played by the founder to convince their target clients to purchase...