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The downsite is that you loose liquidity then. Assuming you live in Russia, how / where are you going to buy bread with USD, let alone with CHF?
by s3nnyy 11y ago
The downsite is that you loose liquidity then. Assuming you live in Russia, how / where are you going to buy bread with USD, let alone with CHF?
- lgieron 11y agoI don't know about current Russia, but in communist Poland (with a terrible currency) you could exchange the USD for a local currency in an instant on a black market, and at an extremely favourable rate (which reflected the weakness of the local currency).