[Haskell-cafe] Re: money type ?

Roman Leshchinskiy rl at cse.unsw.edu.au
Thu Jul 12 06:39:57 EDT 2007

Donald Bruce Stewart wrote:
> Roman Leschinskiy tells me that there are C (or C++?)  libraries for
> locale-specific money handling, where given precisions are mandated in
> particular countries, below which you must round. Perhaps we should have
> a binding to this.

IIRC, the rules in the EU were that operations on money have to be done 
with 3 decimal digits and then rounded to 2. That is, 0.01 / 2 = 0.01 
(0.005 rounded to 2 decimal digits). I may be mistaken, though. What I'm 
fairly sure of is that required precision and rounding policies differ 
from country to country. Getting it right is *much* harder than it looks.


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