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Company has entered in suppliers credit agreement where payment is due after 6 month is receipt of material. Material was received in June and supplier credit is payable in December. Revaluations has been done in June & September reporting date. However due to frequent fluctuation in forex rates, forward contract was taken in the month of October with fixed rate of USD to be paid at the time of clearance of Suppliers Credit in December.

MY query is What type of hedging this this and what will be accounting entries for this transaction.
in General IFRS Discussion by

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