Changes in FX Rates are not reflected in Balance Explanations

Summary:

Reporting Currency for Balance/Variance Explanations do not automatically update when FX rates change

Content (required):

We have noticed that if there is a balance explanation and the functional currency is INR and reporting is USD, the balance explanation will not automatically update when the FX rate changes.

Additionally, our reconciliations are created before FX rates are loaded. This results in transactions that were carried from the prior period having no value in the reporting currency. Even after the FX rates are loaded, the reporting value does not update unless a user manually clicks the overwrite button. I have tried re-running rules to carry forward transactions, but it doesn't do anything.