Oct 24, 2008 16:11
What's the US Dollar/UK Pound exchange rate going to do over the next 12-18 months? I have the option of taking out some currency protection on two dollar payments, and the rate is much more favourable than it was 9 months ago - I didn't take protection then, based on siding with the economic forecasters who said the pound would drop from 2 dollars to 1.5/1.6-ish (but there was another camp saying 2.2).
I'm thinking of protecting the first payment (which is a couple of months off) for peace of mind, but am unsure what to do about the other payment (which is about 15 months off).
Oh woe, pain, angst. CUT CUT CUT.
I need a goth icon.
money