Why so?
BTW, is now, like the worst time in a long time for the dollar against the pound and euro?
why so?
2007-08-31 09:28:16 · 3 answers · asked by Anonymous in Travel ➔ United Kingdom ➔ Other - United Kingdom
1 second ago
Trying to figure out whether it is better to wait to buy British pounds for my trip to the UK in late November now or wait awhile??
2007-08-31 09:30:50 · update #1
The dollar is on a slide against both the Pound and the Euro and it's not going to reverse any time soon.
What you apparently don't know or understand is, the DOLLAR is a commodity... just like corn or beans or sorghum... and SINCE it's a commodity... it is only worth what someone is willing to PAY for it.
Thanks to Ronald Ray-gun... the value of the dollar was trashed against European currencies back in the early 1980's and has never recovered.
It's not the REST of the world's currencies that have increased in value... it's the DOLLAR that has failed to hold it's value.
2007-08-31 09:35:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
NO NO NO!!!! best time 2$ for a pound!!!
It will defenetly decline soon as not so many people are going to the USA now the summer is over.
2007-09-01 11:26:16 · answer #2 · answered by CalD 3 · 0⤊ 0⤋
The dollar will decline. Its value is being degraded by the Iraq war and financial scandals
2007-09-01 02:12:32 · answer #3 · answered by brainstorm 7 · 0⤊ 0⤋