Foreign Currency Stipulation in Building Contract Validity

The case concerned a dispute arising from a building contract where the contract price was stipulated in a foreign currency, and the owner refused to pay the equivalent amount in the local currency upon completion, arguing the contract was void due to the price stipulation being contrary to public order regarding currency laws. The court overturned the lower court's decision, reasoning that a contractual stipulation of a price in a foreign currency, in and of itself, does not constitute a violation of public order, particularly when the obligation is ultimately payable in the local currency, thus allowing the contract to stand and payment to be enforced based on the agreed-upon exchange rate at the time of payment.