Knock it off, yankees. The dollar is getting stronger and now that the bread winner of the family is paid in pounds sterling, you are hurting our conversion rates! The nerve.
It took some digging to understand why the dollar is getting healthier -- and I think it has more to do with what didn't happen in Europe as opposed to what did happen in the USA. Decision makers on this side of the pond held base interest rates in place while the USA bumped theirs up. The end result is that the dollar now looks better for investors and is worth more.
The good news is that potential UK visitors will finally get a break and my meager US-based earnings don't go so quickly when I use my US bank card.
Cheers, wankers!
Thursday, August 14
The Sky Is Falling
Tagged:
conversionrates,
differences,
ukinfo
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment