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Old 11-22-2007, 03:33 PM  
Klen
 
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Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
Quote:
Originally Posted by $5 submissions View Post
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.
True,just holding money in euros can make things better.
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