The Majlis Archive
Finance - Banking - Business The Majlis Vol 27 No 12, p.10

Some years ago I gave a loan of dollars to a friend.

Question

Some years ago I gave a loan of dollars to a friend. Now he wants to repay the loan. How should he pay? In dollars or rands and at what rate?

Answer

He should repay with dollars, not rands. If dollars are not available, then the current rate will be valid.

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The Majlis Vol 27 No 12
PDF page
10

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Appears under THE FATHER’S RIGHTS?. This heading is the nearest headline at or before the page and is approximate. Do not cite it alone.

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