Dual Currency Pricing I am new to this forum.....and got a question.....hope some of you can help..... Assume you are a Japanese company, your reporting currency is JPY. You buy a service from your service provider who offers you the option to pay either in LCY (Local Currency, i.e. JPY) or USD. The payment term is 30 days. Say the service costs JPY11,500,000 or USD100,000 (i.e. your service provider is using the exchange rate of 1:115 JPY). Day 0, you receive the invoice and know the price in two currencies. And you need to settle the payments on day 30. Now questions: What would you do with this dual currency pricing offer and how would you determine what to pay? And why? Will you look at the forward rate and compare which yield the lowerest cost and then decide on day 0 or wait till the settlement day to decide?