11.  Also, the Marines pay him in the local currency, another particularly valuable concept.

12.  American Express spokeswoman Victoria Handwerk recommends that Europe-bound travelers continue to take with them a mix of local currencies, travelers checks and credit or charge cards.

13.  Among other things, foreign banks there will now be allowed to conduct business in local currency.

14.  And local companies pay salaries and costs, often linked to the inflation rate, in the weaker local currency, while they earn revenue in dollars.

15.  And it makes its local currency fully convertible, upon demand, into the reserve currency.

16.  And local currency debt tends to draw better credit ratings, which can mean lower borrowing costs for the issuer.

17.  And these companies pay costs and salaries in weaker local currency and earn revenue in stronger dollars.

18.  As imports become more expensive with a weaker local currency, duties on imports would also rise.

19.  Aruban florins are the local currency, but there is no reason to convert cash.

20.  As local currencies depreciated, short-term dollar loans borrowed by local banks skyrocketed in terms of the local currency.