Quote:
Originally Posted by Dirty Franck
Whats the point? You still get the same amount just in a different currency.
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When the payment is in Euro or GBP, it holds its value/appreciates in value in relation to the USD. This has been a serious concern for my company lately.
I've had situations where I get a wire and after a 3 day hold by the banks here in the Philippines the exchange rate has sunk. The Philippine peso is, next to the Indian rupee, the fastest appreciating currency in Asia.
