20 Currency

Financial institutions transact business in more than one currency. Transacting business in multiple currencies demands functional capabilities for multi-currency accounting and currency rate management

You can access the Currency feature in the application by clicking the Currency link from the LHS menu of the application. Upon clicking this link, the Currencies window is displayed as depicted in the following figure:

Figure 20-1 The Currencies Window

Existing currencies are displayed with details such as Code, Currency Name, Reference Interest Rate Code, Reporting Currency, and Status.

You can search for an existing currency by entering the Currency Code, and Currency Name, and selecting the Status and Reporting Currency from the respective fields. For more information on using the Currency feature, see the Currency section in the Oracle Financial Services Asset Liability Management (OFS ALM) User Guide.