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Old 04-08-2004, 04:30 PM
frogman frogman is offline
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Join Date: Nov 2003
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I would definitely insist in getting paid in local currency at a fixed exchange rate. I was until recently paid in US$ in euro land and ended up taking a 20% plus cut in pay when the dollar tanked last year. Just to give you an idea of how much you can lose in a short time, the US$ (to which the HK$ is pegged) has gained about 3.5 percent on the euro in the past two weeks. Of course, the fluctuations could go your way too, but it's really not worth the headache unless you like living in a casino.
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