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When Buying and Selling in "Local Currency" Takes on a New Meaning

When Buying and Selling in “Local Currency” Takes on a New Meaning

By Jason Busch on February 18, 2010

When we usually think of buying in local currencies, most procurement and finance minds think about denominating contracts in local currencies (e.g., RMB) rather than in the dollar or Euro. But the concept of local currency takes on an entirely diffe…

Posted in Trends & Concepts | Tagged barter, berkshare, Community, Dollar, economy, finance, Local currency, Public Sector, Renminbi

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