There is a standard rate, parting from which projects are calculated depending on complexity, time consumption etc.  I have voted "other" because I do not quote an all-time rate, though I can give an approximation. The rate is the same regardless of how it is calculated.  I suppose the currency is one that must be worked out between outsourcer and service provider.  Sometimes an outsourcer has limitations, especially if they are a large co.

Maxi

Being based in France, I have a rate in Euros, even for clients outside the Eurozone (mainly the US and UK), and have never had any problem with such clients accepting to pay in Euros.

This has been an advantage since the Euro was introduced: this currency is treated by business clients on an equal footing with other 'major' currencies, such as the USD and GBP.

And I have always found it a shame that rates advertised on TC profiles can only be expressed in USD. There should be a currency menu to be able to select between major currencies when you specify your rates.

Just my two (euro!)cents...

Laurent

[Edited by Laurent Chiacchierini on November 10, 2006 5:16 PM]

Hello Patricia,

The problem you described is related to what is known in economics as 'exchange rate risk.'

If you are expecting payment in a currency other than that used for the quote, the details of the payment, including the exchange rate that is to be used, should be settled as part of the contract.  The contract can include a specific ratio or some other mechanism for determining what the ratio will be.  This applies generally.