How do you deal with Foreign Exchange Currency Loss?
Not sure if you refer to transfer losses or exchange rate fluctuation.
Here from South Africa I have no option but to take the knock or the windfall as they happen. Long term plan is to use the US$ and not convert to local currency. Buying dollars remains an up and down effect - depending on multiple conditions out of my (our) control.
If you are into trading or investing in stocks, then Norbert's Gambit is a method used to avoid currency exchange fees. Not sure if it's available everywhere, however, I have done it once or twice here in Canada.
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