what is forex loss or gain ?

A forex gain or loss typically happens when a company buys or sells in foreign currency. As the foreign currency fluctuates in comparison to the domestic currency, the value of the goods or services changes. For instance, if the Indian rupee strengthens in comparison to the US dollar after an exporter has made a deal, he would stand to make a forex loss. And if the rupee weakens then it means the exporter would make a forex gain.


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