How the currency exchange rate would effect your shopping in UK, when you are comparing US dollar with UK’s pound?
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June 29th, 2009 at 6:05 am
I only have so many dollars to spend. The more valuable the pound, the less I have to spend
June 29th, 2009 at 6:05 am
Well, when the dollar was $2 to the pound it was great for Brits visiting the US, but not so great the other way around. The recent weakening of the pound had reversed this, with rates dropping to $1.35.
However, rates are now climbing back. They'll probably average out at about $1.75 by year end.