Burrowing money in a currency then the exchange rate increases


Question:

A person took a debt from another in the Saudi currency and the exchange rate that time was less and at the time of repaying the exchange rate increased, is it correct to give it according to the money when exchanged or he gives it in Saudi?

Answer:

If he took it from him in the Saudi currency then he gives it to him the Saudi currency, and if he took it from him in the Yemeni currency he gives it to him in Yemeni currency whether the exchange rate increases or decreases, so the currency which he burrowed he gives back in the same currency, if dollars he gives it back in dollars, if Saudi he gives it back in Saudi, if Yemeni he gives it back in Yemeni, despite the rise and decline of the exchange rate.

But if the lender accepts for you to return it in Yemeni for example in it’s current exchange rate price now, for example he burrowed him while 100 Saudi Riyals was 150,000 Yemeni Riyals, then it became 200,000 or more than that, so he came to him and said currently now 100 Saudi Riyals is 250,000 Yemeni Riyals, so instead of giving me 100 Saudi give me 250,000 Yemeni and I will accept or else give me back in Saudi, he has a choice to give it back to him in Saudi or he gives it back in it’s current exchange rate which the lender accepts, except that the basis is that he gives it back in Saudi, he gives it back to him in the same currency.

Answered by: Shaykh, the Allamah, the Trustworthy Advisor, Abu Abdirrahman Yahya bin Ali Al-Hajuri – may Allah preserve him

Source: https://t.me/sh_yahia_duroos/9356

Translated by: Abū ‘Abdillāh ‘Omar bin Yahya Al-‘Akawi