Learn Conversion of Currencies | Mr. Kishor Bhatt

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  • Instructor
    Mr. Kishor Bhatt
  • Duration 
      11 Mins 55 Sec
  • Languages

A few more words about this Video

In this video, Mr Kishor H. Bhatt, an Instructor at JBS Academy Private Limited explain the Conversion of currencies in detail. Conversion of currency is an important part of International Trade and with the wave of Liberalization, Privatization and Globalization, (LPG) there has been a tremendous rise in international business. The establishment of the World Trade Organization (WTO) has provided a further boost to it.

Further Mr Bhatt explains that the world has now become a common marketplace. However, different countries have different currencies. Their names may be similar, but the values are different. The value of US Dollars, Hong Kong Dollars, Australian Dollars are different from one another. To understand the conversion of currency in detail he explains why the conversion is required, how we can do that, how in the Indian market Conversion of currency would be done, who is Authorized person and how many types of APs are there. he also explains the types of transactions and the type of rates for the same.