Select the correct answer:

According to IAS 21 (paragraph 52(a)), exchange differences shall be (except for those arising on financial instruments measured at fair value through profit or loss in accordance with IFRS 9) recognized:

a.
In the statement of profit or loss.
b.
In the statement of financial position.

c.
In the statement of changes in equity.

d.
None of the above is correct.

a. In the statement of profit or loss.