Example 3 The exchange rates may have varied in the period between 1532019 and 1562019 but if the exchange rate on 1562019 was RM420 USD1 again the RM equivalent for UDS10000 was RM42000. Infineon semiconductor solutions - MCUs sensors automotive power management ICs memories USB Bluetooth WiFi LED drivers radiation hardened devices.
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Therefore ABC Sdn Bhd suffered a foreign exchange loss of RM2000.
. Therefore there is neither an exchange gain nor loss for ABC Sdn Bhd.
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