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Old 29.01.2015, 19:38
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Re: CHF/EUR exchange rate on goods on order

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Would you have paid an additional 15% if the CHF would have lost value compared to the euro?

We have bought furniture in Germany last Saturday. In order to avoid such surprises, I have paid the whole amount instead of a 25% payment and secured the 1.00 exchange rate.
I cannot recall when the euro rose 18% against the CHF, or imagine when it is ever likely to. I have bought furniture before here and asked to be invoiced in euros. Should have done that this time too.

As an importer the retailer should have bought euros forward to avoid fluctuations. This would be understandable, but not a reason they have used. They are simply pocketing the rather plump difference...
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