TopicExchange rates & FX
kieu hoi · /kiew˧˦ hoj˧˦/
kiều hối
kieu hoi/kiew˧˦ hoj˧˦/noun
money sent, often abroad, to family or recipients
tiền gửi, thường ra nước ngoài, cho gia đình
Exchange rates and fees heavily affect how much arrives.
Tỷ giá và phí ảnh hưởng mạnh số tiền nhận được.
Examples
Workers abroad send a monthly remittance to their parents.
Banks compete on fees for each remittance transfer.
A weaker home currency makes each remittance stretch further.
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