Your Questions About Exchange Rate Forex Uk
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Richard asks…
I have 19,000 pounds GBP in a bank in the UK, when will be a...
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Your Questions About Exchange Rate Forex Uk
The following Question and Answer is brought to you by our Forex Consultant with interaction
from members of the Yahoo Answers community.
Richard asks…
I have 19,000 pounds GBP in a bank in the UK, when will be a good
time to transfer it to USD again?
Earlier this year it would have transferred to about $38,000.
Now it only comes to about
$28,000.
I’ve been waiting and watching the rates drop since October.
I can’t see how it could
get any worse of an exchange, but could it? Should I transfer out now? Or when does anyone
think it will go back close to what it was before? I hate the idea of losing $10,000 for almost no
reason, but even $1000 loss is much more acceptable.
I really can’t find any info on the web about this.
I’m not looking for FOREX forecast’s here, but
any helpful information and insight.
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