Tag: Fixing exchange rates

Why Fixed Exchange Rates have their uses

March 4, 2012 | By | 2 Replies More
Why  Fixed Exchange Rates have their uses

You should consider fixing an exchange rate any time you know you are going to be making a large purchase in a foreign currency, e.g. buying a house or a boat. You can fix the rate up to a year in advance. The aim of doing this is to give you peace of mind, as [...]

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