Donate SIGN UP
Home > Business & Finance > Strength of the dollar

Strength of the dollar

Avatar Image
nickymanley | 08:57 Wed 05th Jan 2005 | Business & Finance
1 Answers

I am going on honeymoon to St Lucia in September and have to have to pay for the second week in dollars when we are out there - I know the pound is strong against the dollar at the moment at approx 1.8 but does anyone know if it is likely to go up or down? Would it be worth exchanging for dollars now?

P.S I see a similar question was asked a month ago when the exchange rate was nearer 1.9 - forgive me for not knowing anything about this but I assume the dollar will continue to strengthen?

prev Mortgage
  
next fashion spend
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by nickymanley. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image Westminster
No one has the slightest idea. If they did, they wouldn't be working for a living. If (say) we knew for sure that the pound would be worth two dollars next week, then it would be worth (its present discounted value would be)very nearly two dollars today.
17:32 Wed 05th Jan 2005

Only 1 answerrss feed

Do you know the answer?

Strength of the dollar

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.