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<h1>Currency Exchangeability Redefined: Ind AS 21 Amendment Introduces Comprehensive Guidance for Complex Exchange Rate Scenarios</h1> The Companies (Indian Accounting Standards) Amendment Rules, 2025 modify Ind AS 21 regarding currency exchangeability, introducing new guidance for assessing and estimating exchange rates when a currency cannot be readily exchanged. The amendments provide detailed criteria for determining currency exchangeability, establishing requirements for spot exchange rate estimation, and mandating specific disclosures when currencies are not mutually exchangeable. These rules will apply to annual reporting periods beginning on or after April 1, 2025.