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Can I have “x” as my country and “y” as my currency?
Yes, you can.
However, Zoho Billing will automatically allocate your organization’s base currency, if the country selected is U.S.A or United Kingdom or India while creating your new organization. You cannot change these country’s base currency.
Pro Tip: If you want to set a different base currency for the countries mentioned, you can create an organization in the Global edition. After creation, you can change the Location and Base Currency from Settings.