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<p>[QUOTE="chrisild, post: 1514621, member: 39"]As far as I know, both the UAE dirham and the Bahrain dinar (like most GCC countries or currencies) are pegged to the US dollar, so it does indeed make sense to assume that the dirham/dinar exchange rate will not change. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Question is, how soon and where will the currency union come? I read that the UAE plan to stay out (at least initially), so while for Bahrain it may be reasonable to not change the "cash setup" until then, the scenario for the UAE may be different.</p><p><br /></p><p>But the small change issue was or is a problem elsewhere too (e.g. Argentina or India). In my opinion it is OK if the government does it the Dutch way, for example, with cash totals being rounded. This way the customer does not get cheated, as rounding means rounding up <i>or down</i> (e.g. 8/9/0/1/2 > 0 and 3/4/5/6/7 > 5). If however the merchant simply says, sorry, no small change, you will pay more ... that does sound like chaeting.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1514621, member: 39"]As far as I know, both the UAE dirham and the Bahrain dinar (like most GCC countries or currencies) are pegged to the US dollar, so it does indeed make sense to assume that the dirham/dinar exchange rate will not change. :) Question is, how soon and where will the currency union come? I read that the UAE plan to stay out (at least initially), so while for Bahrain it may be reasonable to not change the "cash setup" until then, the scenario for the UAE may be different. But the small change issue was or is a problem elsewhere too (e.g. Argentina or India). In my opinion it is OK if the government does it the Dutch way, for example, with cash totals being rounded. This way the customer does not get cheated, as rounding means rounding up [i]or down[/i] (e.g. 8/9/0/1/2 > 0 and 3/4/5/6/7 > 5). If however the merchant simply says, sorry, no small change, you will pay more ... that does sound like chaeting. Christian[/QUOTE]
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