1) What about exchange gains and losses?

Exchange gains and losses are accounting subjects under financial expenses. If losses are debited, exchange gains and losses are credited.

2) What's the interest rate?

Calculate the exchange gains and losses of the current period or the current period according to the central parity of RMB against foreign currency announced by the People's Bank of China on that day.

3) Is it the end of the month?

In daily operation, the spot exchange rate on the trading day is used to convert the foreign currency amount into the bookkeeping base currency amount, and it is adjusted according to the exchange rate of the central bank on the last day of each month. That is, it is converted into RMB at the exchange rate of the day at the time of transaction, and the exchange gains and losses of this month are calculated at the end of the month at the exchange rate of the day.

If the company has a foreign exchange "fund account" or "settlement account", even if there is no foreign exchange transaction this month, it needs to convert the exchange gains and losses at the end of the month according to the exchange rate of the central bank and reflect it in the current accounting statements.