Subject: Re: National Geographic Quiz
Date: Nov 25, 2002 @ 08:25
Author: I M Naanu ("I M Naanu" <imnaanu@...>)
Prev    Post in Topic    Next [All Posts]
Prev    Post in Time    Next


I agree, DM.
But here, in Dubai- we trade in all major european currencies as well
as the USD and other currencies of the world. People here are more
conversant with using multiple currencies, and some of the local
money changers have quite interesting arbitrages!
For eg, I went to a shop, I had not enough dirhams, but a 20 pound
note- paid for my stuff, got back change in Dirhams- I also wanted
some Omani riyals, No problem! or sometimes, pay in Omani Riyal in
Dubai and get back change in Greenbacks!
I have heard that some shops-especially in Sharjah or RAK don't mind
being paid in Indian/Pakistani/Bangladeshi currency, Aussie dollars
or even Gold Soverigns, for that matter. (at a premium, of course!)
But nowadays, currency laws have been tightened, especially after 9/11
-IMN

--- In BoundaryPoint@y..., "Doug Murray" <doug@d...> wrote:
> Actually, you can use US currency anywhere in Canada without any
trouble at all. But using Canadian dollars even just a few miles
into the USA is difficult.
>
> Even on the last boundary expedition, I brought along some
greenback and even used them here and there. US dollars are a
great "emergency" currency that can be used almost anywhere. Try
using a Pound Sterling or Euro in Guatemala, China or Australia.
>
> Doug
>
> Doug Murray Productions / Border Films
> CBC Infomatrix / CBC POV Sports
> Vancouver BC 604-728-1407
>
> Best Vancouver excuse for being late for work:
> "A movie was being shot and they detained me for continuity."
>
>
>
> ----- Original Message -----
> From: anorak222
> To: BoundaryPoint@y...
> Sent: Sunday, November 24, 2002 2:48 PM
> Subject: [BoundaryPoint] Re: National Geographic Quiz
>
>
> --- In BoundaryPoint@y..., "acroorca2002" <orc@o...> wrote:
> > wouldnt you be if everyone accepted your money & spoke your
> > language & ate your hamburgers etc
>
> The question comes up in rec.travel.europe a lot. Where does this
idea come from that everyone accepted US dollars? You can't spend
dollars in shops outside of the USA, just as you can't spend Euros in
American shops. Not even in former Eastern block countries (where
Western currencies used to be welcome, but more likely DM than
dollars), because the communist block doesn't exist now, and the
local currencies can now buy the same consumer dreams as in the West.
If you try to pay with dollars outside the US, all you get a blank
stare and a polight request to pay in local currency. About the
language ... many people in the world learn English, but once they
visit the United States they'll learn that Americans don't. But you
score a point for the hamburgers, McDonalds are ubiquitous around the
world. Even though their product range has ethnical variations you
don't find in their home country.
>
> Regards
>
>
>
>
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service.