Murder he wrote
Well-Known Member
Not really because you cannot get your money from the banks and you never know if you will ever get them. However, every 2 months or so, I am buying a $2000 cheque for $760 in cash.$200 in fresh money = $200 x 7,500 L.L. = 1,500,000 L.L.
$200 in your local account = $200 x 3,900 L.L. = 780,000 L.L.
Doesn't it make more sent to use your fresh dollars? You can boost your purchasing power and still be able to save some of your money.
- $760 x 7500 = 5.7m
- $2000 x 3,900 = 7.8m
So saving your cash, getting cheques, withdrawing them at 3900 is much better. I don't see why you should spend your $ in your hands while keep your money at the bank, knowing that maybe in 3-5 years you might be able to get them again WITH Capital control (like $2000/month). Or whatever.