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ABC Company in India exports raw materials to XYZ Company in the USA. There is an outstanding invoice of INR 90,000,000 to be paid in two months. The USD-to-INR rate when the transaction was completed was 45. Now the USD-to-INR rate has changed from 45 to 40.
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D. XYZ Company has a negative impact by this rate change.
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Aalk - 2014-05-05 16:45:18
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