1. Asset Liability Management User Guide
  2. Oracle Asset Liability Management Process
  3. Activating Currencies and Loading Exchange Rates
  4. Reporting Currencies

8.6.3 Reporting Currencies

A reporting currency is an active currency that balances when the other currencies are consolidated, to facilitate reporting. Balances in reporting currencies are, in turn, consolidated to the functional currency. For example, an American multinational bank might consolidate its holdings in Asian currencies to the Japanese Yen and its balances in European currencies to the Euro. Then, it would consolidate the sums to the U.S. dollar.