2006-07-16 20:55:15 · 3 answers · asked by Anonymous in Business & Finance ➔ Advertising & Marketing
Foreign currencies are always carried by travellers and changed to the currencies of their destinations to pay for services and to buy their needs. It is usually the practice and a secure way of changing money upon arrival in the port of entry.
2006-07-16 21:01:26 · answer #1 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋
Cash currencies mainly come from travellers, because most commercial transactions are settled by bank transfers or cheques. Increasingly, nowadays, people just use their ATM cards to obtain foreign currency at their destination and then convert unused at the airport of departure or sepend at the duty-free.
2006-07-16 21:25:44 · answer #2 · answered by hellbent 4 · 0⤊ 0⤋
Sorry, main source of foreign currency for the majority of countries is through trade., (export of goods and services) there are only very few countries like Thailand earns a sizable foreign currency through travelers as Tourism is one of their main industry
2006-07-16 21:02:39 · answer #3 · answered by ravi0706 3 · 0⤊ 0⤋