Sanskrit - (Hinduism) an ancient language of India (the language of the Vedas and of Hinduism); an official language of India although it is now used only for religious purposes. Sanskritic language.
1. The sum of the open currency spot position and the open currency forward position, being the measure of the foreign exchange risk. 2. The open currency position is the difference between balance assets and liabilities in foreign currency plus the forward (conditional and unconditional) forex purchased and sales.The open currency position is the measure of the foreign exchange risk. Related position codes are: 1. Open currency position per CCY. 2.. The open currency position is the difference between balance assets and liabilities in foreign currency plus the forward (conditional and unconditional) forex purchased and sales. The open currency position is the measure of the foreign exchange risk. Related position codes are: 1. Open currency position per CCY. 2.
International Accounting Standard 21 (IAS 21) defines functional currency as âthe currency of the primary economic environment in which the entity operatesâ. The same Standard defines presentation currency as âthe currency in which the financial statements are presentedâ.