Currency Rate

The Currency Rates page enables administrators to manage and monitor exchange rates for different currencies within the banking system. This interface allows for the creation, viewing, and modification of currency exchange rates, including buy, sell, and average rates.

Accessing the Currency Rates Page

1. Log into the Core Banking Application.

2. Navigate to Operations in the left sidebar.

3. Click on Multi-Currency.

4. Select Currency Rates from the submenu.

Page Features and Functions

Create New Currency Rates

1. Click the "Add" button at the top of the page.

2. In the "Create Currency Rate" modal:

   • Select Currency Code from the dropdown.

   • Enter Buy Rate

   • Enter Sell Rate

   • The system calculates the Average Rate automatically.

3. Click "Save" to confirm or "Cancel" to discard changes.

Add New Currency Rates

1. Click the "Add" button.

2. Complete the required fields:

   • Choose Currency Code

   • Input Buy Rate

   • Input Sell Rate

   • Review Average Rate calculation

Modifying Existing Rates

1. Locate the currency rate entry.

2. Click the action menu (⋮) in the Actions column.

3. Click on Modify.

4. Make necessary modifications.

5. Click Save to apply changes.