MKH Berhad 225 43. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D) (iii) Foreign currency risk (Cont’d) Sensitivity analysis for foreign currency risk T he following table demonstrates the sensitivity of the Group’s profit for the financial year to a reasonably possible change in the USD exchange rate against their respective functional currencies, with all other variables held constant. Profit for the financial year 2021 2020 The Group RM RM USD/RM Strengthened 5% (108,800) (250,400) Weakened 5% 108,800 250,400 USD/RMB Strengthened 3% 64,800 72,500 Weakened 3% (64,800) (72,500) USD/IDR Strengthened 5% (1,924,900) (4,515,500) Weakened 5% 1,924,900 4,515,500 Translation reserve 2021 2020 The Group RM RM IDR/RM Strengthened 5% 9,882,200 5,358,000 Weakened 5% (9,882,200) (5,358,000) RMB/RM Strengthened 3% 983,400 849,500 Weakened 3% (983,400) (849,500) (iv) Interest rate risk I nterest rate risk is the risk that the fair value or future cash flows of the Group’s financial instruments will fluctuate because of changes in market interest rates. Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021
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