MJC8719x
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- Mar 18, 2008
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I am going to be in England from the end of December until sometime in May. I am considering purchasing some England pounds in the next few weeks.
My reason for doing this is that I am under the impression that the dollar to pound conversion is usually something around 1 Pound = 2 American Dollars. Currently, it is 1 Pound = 1.30American.
This seems like a good idea to me. The only real risk would be if the pound continued to fall vs the dollar and it reached a point of 1 pound = 1 Dollar.
Does anyone have any thoughts or advice on this situation?
Also, since I will be in England for such a long time, I had considered getting a credit card through an England bank. I do not want to have to continually pay the service charges on the account, and I believe it is easier to purchase some tickets etc. if you have a UK billing address. Does anyone have any advice here?
Thanks for the help.
My reason for doing this is that I am under the impression that the dollar to pound conversion is usually something around 1 Pound = 2 American Dollars. Currently, it is 1 Pound = 1.30American.
This seems like a good idea to me. The only real risk would be if the pound continued to fall vs the dollar and it reached a point of 1 pound = 1 Dollar.
Does anyone have any thoughts or advice on this situation?
Also, since I will be in England for such a long time, I had considered getting a credit card through an England bank. I do not want to have to continually pay the service charges on the account, and I believe it is easier to purchase some tickets etc. if you have a UK billing address. Does anyone have any advice here?
Thanks for the help.