Current Rate Method in the United States

Current Rate Method in the International Business Landscape

Definition of Current Rate Method in the context of U.S. international business and public trade policy: Approach used to consolidate the financial statements of a foreign subsidiary when the subsidiary’s functional currency is the subsidiary’s home currency.

Current Rate Method in the International Business Landscape

Definition of Current Rate Method in the context of U.S. international business and public trade policy: Using the exchange rate at the balance sheet date to translate the financial statements of a foreign subsidiary into the home currency.