Currency Precision and Extended precision Change

Hi Team,

We are currently in the process of configuring the UAT environment, and our client has requested an increase in the currency precision and extended precision settings. Additionally, the same client already has other countries live in the system. We would like to understand the Oracle best practices, potential impacts on the countries that are already live, recommendations, and the most appropriate approach for implementing this change.

The requested precision change applies to the following currencies: AUD, GBP, and EUR.

We would greatly appreciate your expert guidance on this requirement.

Thanks,

Venkat