House Sold / Exchange Rate!
#16
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Originally Posted by franc111s
.....My personal belief is the exchange will get back to 1.9 - 2.0 again in the next few years (I base this on the US debt, pension problems and slowing growth (the muddle through econonmy). ....
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#17
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Originally Posted by MiniBrit
Wow, after reading this post I phoned xe.com too. I asked them what their rate would be today, they quoted me $1.73 whereas my bank quoted me $1.67, looks like xe.com is the way to go!!!
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Well done ExPats!! what would I do without you??
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#18
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Originally Posted by MiniBrit
Wow, after reading this post I phoned xe.com too. I asked them what their rate would be today, they quoted me $1.73 whereas my bank quoted me $1.67, looks like xe.com is the way to go!!!
Well done ExPats!! what would I do without you??![Big Grin](https://britishexpats.com/forum/images/smilies/biggrin.gif)
Well done ExPats!! what would I do without you??
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As others have said, I'm inclined to think the rate will eventually go to around 1.55 again, but how long that will take depends on a lot of factors in an increasingly uncertain world, I think a conclusion/exit stratgey to Dubbyas Iraq crusade would be a step in the right direction (or wrong direction, for exchange rate purposes!)
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#19
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Originally Posted by Dan725
Did you speak to the proper foreign exchange folks at the bank though and not the local branch?
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very good point! I will speak to them, thank you!!!
MB
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