Its expensive to go to Europe. When I went to England I bought a Burger King Whopper Value Meal and it was 8LBs, I figured the exchange rate was about $1.25 a pound, but after I bought it I went to exchange some currency and they sold me the pound for $2.15 a LB (It was like $1.89\lb but they added charges to exchange it). As soon as I saw that I had buyers remorse. I couldn't beleive I had just spent about $20 for a whopper. I immediately got on a plane and went to France instead. The exchange rate is not as bad when you exchange for Euros.
2007-07-08 05:53:05 · 2 answers · asked by x-EL_TRI-x-DAGR81JCD-x 5 in Travel ➔ Other - Destinations
It's only goin to get worse. Ben Bernanke has effectively signaled that he will accept a MUCH lower dollar, even if it means higher prices for oil, commodities and everything else (i.e. price inflation).
A large round of inflation is the perceived as the only way out of the current problem (sub-prime loan meltdown, China holding large amounts of bonds, etc.)
2007-07-08 06:01:58 · answer #1 · answered by mikeburns55 5 · 0⤊ 0⤋
yeah now in Canada the US dollar to the Canadian dollar is almost the same
2007-07-08 13:07:12 · answer #2 · answered by Spanishpika 2 · 0⤊ 0⤋