" It was further held that where the terms of a contract governed by English law did not expressly or by implication show that the parties had intended that payments arising from a breach of contract were to be paid in the currency of account or other named currency, the court should give judgment in the currency that best expressed the party 's loss; that, although the appeal in the second case concerned a charterparty which expressly stated that certain contractual payments should be made in U.S. dollars, the terms of the charterparty did not show that payment for damage arising out of a breach of contract 561 was to be made in that currency; that, arising from the owners, breach the charterers had used French Francs to purchase the necessary cruzeiros to settle the receivers ' claim and, in those circumstances, the Court of Appeal had correctly affirmed the arbitrators ' decision that the currency that best expressed the charterers ' loss was the currency of their business, namely, French Francs.