Revaluation entry created for other currency

Summary:

There are 2 entries created when we revalued our balances. One is entered in PHP currency and the other in SGD, both with USD in the accounted amount.

The account being revalued is in SGD currency but the ledger currency is in USD.

Can anyone explain why there is an entry for PHP currency? I'm expecting that only the one in SGD will be created.

I've checked if transactions were created in PHP currency for this account, but there are none.

Content (please ensure you mask any confidential information):

Version (include the version you are using, if applicable): Fusion 25A