Wednesday, May 26, 2010

Will US $ exchange rate rise.?

I need to convert US currency. At present US $ is down. Do you think it will rise, can any one tell me when is good time to convert US dollar.



Will US $ exchange rate rise.?

It appears the dollar will continue to decline in value. The FED has overproduced dollars in the past and is now in the process of overproducing dollars again. The FED has lowered critical interest rates once again and as a result will pour more dollars into the hands of people willing to pay the lower interest rates. If I were you, I would get rid of dollars now as the future indicates still more devaluation for the dollar. Good Luck!



Will US $ exchange rate rise.?

It depends on what you need to convert your money into... Euros ? Pesos ? Can$ ? British Pounds ?



It%26#039;s not solely based on how well the $US dollar is doing, so much as how its doing in comparison to the other currency.



Will US $ exchange rate rise.?

I think the dollar is close to bottoming out, but it is still to early to place money on it. I really do not see any major swings in the near future.

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