1. At least that makes currency conversions simple. 2. A strong dollar makes dollar-denominated investments like Treasury securities more attractive to foreign investors who stand to gain on currency conversion. 3. A smart card system would eliminate such problems and even be able to compute currency conversions instantly. 4. Carrying a calculator will not only help with currency conversions, it will also assist you with bargaining in cultures where that is the norm. 5. Cutting down on the number of currency conversions will also limit their exposure to foreign-exchange risk. 6. Consider, therefore, the last time such a currency conversion was undertaken. 7. For example, U.S. companies doing business in Europe will no longer have to worry about currency conversion. 8. If cash registers are not programmed to make a currency conversion, they will need calculators by their side. 9. In addition to saving them money, cutting down on the number of currency conversions will limit their exposure to foreign-exchange risk. 10. Instead, it is designed to make currency conversions less awkward. |
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