Artículo 27. IAS 21 Paragraph 27

As noted in paragraphs 3(a) and 5 , IFRS 9 applies to hedge accounting for foreign currency items. The application of hedge accounting requires an entity to account for some exchange differences differently from the treatment of exchange differences required by this Standard. For example, IFRS 9 requires that exchange differences on monetary items that qualify as hedging instruments in a cash flow hedge are recognised initially in other comprehensive income to the extent that the hedge is effective. [ Refer: IFRS 9 paragraph 6.5.11(b) ]