The following table details the Company’s sensitivity to a 10% strengthening of other currencies against the US dollar, and the related impact on finance costs—other expense (income), net. For a 10% weakening of the other currencies against the US dollar, there would be an equal and opposite impact on finance costs—other expense, net.
The estimated increase (decrease) to finance cost-other expense (income), net from financial assets and financial liabilities resulting from a 10% strengthening of other currencies against the US dollar, everything else being equal, would be as follows:
|
| | | | | |
| 2017 | | 2016 |
| USD$ | | USD$ |
Canadian dollar | (5,944 | ) | | (4,814 | ) |
Euro | (95 | ) | | (13 | ) |
Indian Rupee | 227 |
| | (156 | ) |
| (5,812 | ) | | (4,983 | ) |
