Which exchange rate to use?
October 10, 2018 5:04 AM Subscribe
I have a short-term contract with a domestic subsidiary of an European firm. We have negotiated my rates in USD, but I shall be invoicing and receiving local currency funds via a domestic transaction. So, the, perhaps silly, question is, which is the 'fairest' or 'proper' exchange rate to use in my invoice? Is the normally published inter-bank rate fine?