What happened to the exchange rate!

[juliebro]

You all need a friend who works in the exchange! I buy mine off the people who bring them in to sell!

Mine worked out at £1 = $1.78 last month!

Buy in bulk when they high and sit on them, be a long time before we see prices of £1 = $2 again.

Are you taking orders or where can I find a friend in the exchange?

 

[Molyneuxd]

Haha wish I could take orders, would be a nice little money spinner!

 

[TobyK]

Hope it recovers before I go in July!

 

[ford family]

You all need a friend who works in the exchange! I buy mine off the people who bring them in to sell!

Mine worked out at £1 = $1.78 last month!

Buy in bulk when they high and sit on them, be a long time before we see prices of £1 = $2 again.

So, with a high of 1.62 interbank, the exchange where your friend works was only buying dollars ar 1.78?

Does he wear a mask at work?

ford family

 

[2Tiggies]

Does he wear a mask at work?

ford family

Seriously, if the friends are getting away with it, kudos to them, but like Disneynut and Pigby, that would be a P45 for anyone in our firm! Instantly!

 

[wayneg]

So, with a high of 1.62 interbank, the exchange where your friend works was only buying dollars ar 1.78?

Does he wear a mask at work?

ford family

Post Office rate is $1.74 today, I am sure other places will be higher. If its a small independant concern they might have an agreement to allow staff to buy at the going rate, if its a big bank, post office etc I would think they are risking their job.

 

[disneyholic family]

if the europeans would take themselves in hand, things might improve..

right now because the entire world is afraid of economic disaster, everyone is doing what people do whenever they fear economic disaster - run to the dollar...
as bad as the US economy is, the world tends to view the dollar as the safe haven currency....so that's where all the money is running...

and when money goes to the dollar, the dollar strengthens against all other currencies - exactly what is happening now..

you should see what the dollar is against our local currency - the highest it's been in years...
and it's completely ridiculous because the US economy is in the toilet and going deeper every day...

but that fear will keep money running to the dollar..
and we'll continue to get lousy exchange rates

 

[paulh]

if the europeans would take themselves in hand, things might improve..

right now because the entire world is afraid of economic disaster, everyone is doing what people do whenever they fear economic disaster - run to the dollar...
as bad as the US economy is, the world tends to view the dollar as the safe haven currency....so that's where all the money is running...

and when money goes to the dollar, the dollar strengthens against all other currencies - exactly what is happening now..

you should see what the dollar is against our local currency - the highest it's been in years...
and it's completely ridiculous because the US economy is in the toilet and going deeper every day...

but that fear will keep money running to the dollar..
and we'll continue to get lousy exchange rates

now where did i leave that crystal ball?
Paul

 

[Disneynutinlondon]

OMG today M&S and the Post Office $ sell rate is £1 = $1.49

 

[disneyholic family]

now where did i leave that crystal ball?
Paul

funny thing is, the strengthening dollar isn't very good for america either...while fuel costs will decrease for them which is of course a good thing, but their exports will go up in price... definitely not good for a weak american economy...