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holiday money

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louise jones | 10:41 Mon 11th Jul 2005 | Business & Finance
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Hi, does anyone think the dollar will go up in the next couple of weeks?  Im off to Florida soon and just noticed the dollar is now only 1.68!
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I would doubt it will weaken significantly in the next few weeks. It is likely that the Bank of England will reduce interest rates at the next meeting - beginning of August which may make the rate even worse.
I believe that most comentators think that a rate of around 1.70 is the long term likelyhood. Its currently 1.74. Take off about 6 points to get the 'tourist rate'
14:26 Mon 11th Jul 2005
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We are going 18th August, 5 weeks and 2 days!! HURRAAAYYY
09:52 Tue 12th Jul 2005

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