Seems your example is not correct. It looks not like 10s or 20s but like dollars and, for example, forints. Do You agree to receive equal sum in forints insted of dollars? The answer is obvious.
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Seems your example is not correct. It looks not like 10s or 20s but like dollars and, for example, forints. Do You agree to receive equal sum in forints insted of dollars? The answer is obvious.
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that is what i was thinking to. and if someone thinks it is the same he could ask someone who got loan in franks but gets paid in dinars...
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Organizations do that all the time.
I can give you a loan in franks and you might pay me back in Dinars....of course, it might take a million dinar per frank but if I can exchange it, the net is the same.
Nothing says I have to hold the dinars.
thing that happened is they got house loans (not sure is that is the name) in franks so they had to pay the loan in franks, but the paycheck is in dinars. well frank to dinar in next few years got from 70din for 1 to 105 din for 1. problem is they earn in dinars but they pay the loan in franks
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Currencies are exchanged all the time. The international marketplace if full of organizations taking payments in currencies other than their ideal currency. This is why they exchange them for what they desire.
Dont you think that most of the companies doing business in Europe are swapping out their Euros for USD considering how that currency is falling. Do they stop taking them as payment? Of course not.
Companies have to do it to attract more customers. I'm sure they will be glad to avoid it if possible. Anyway it's not the same as 10s and 20s.
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