I,m going on holiday next year to two different places where the currency is US dollars. I,m seriously considering changing my spending money now because of the exchange rate, 1.95 or there abouts. The last time i changed it was 1.56. Do people think its going up or coming down ??. I can only seeing it coming down, any thoughts ??
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Originally posted by lee bishop View Postwould have to be pretty hefty to hold us both up..............., well ive lost nearly 5 lbs in the last 2 days, so maybe we'll be ok
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with the current state of play in the states their economy is dropping oil is on the up their house prices are in freefall and all this will weaken the $ furtherthink you will find it will fluctuate between $1.95 to $2.05 to the £ over the next few months so just watch the markets as their interest rates are not as good as here so people will sell $'s for £'s right now and that weakens it further with huge amounts of reposessions over the pond and no one to buy the houses their economy has got the flu right now with no sign of recovery also New Oerleans flooded again this week and the fires in California this will impact their economy further so bide your time and watch the markets especially the tourist rates.
The best place at the mo for buying currency is of all places Marks & Spencers as they are offerring a really good exchange rate here is a link to their site but it is down right now but their rates are awesome
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