Transaction costs: Saving time and money
ambodia’s 700,000 garment workers are among those most affected by exchange-rate costs. Their monthly salaries are paid in US dollars, but most of their daily transactions are in riels. Moreover, because they send – on average – about 30 percent of their salaries back to their villages, the families they help support also bear the burden of exchange rate losses. …
Khmer Times
http://www.khmertimeskh.com/news/36268/transaction-costs--saving-time-and-money/
