How to deal with exchange rates when revenue is consolidated per region
Hi guys! I'm doing equity researchfor the first time and I'm wondering how should I proceed when having consolidated revenue by region (e.g Africa, Latin America, etc.) to convert it to a given nacional currency (as US Dollars or Euros). Is there something like a "basket" of currencies for each region? What is the standard procedure?
Thanks in advance!
Comments (2)
Are they not reporting all the regional data in the same currency, say usd, to begin with?
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