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Taking Advantage of weak dollar$$$$$$

Passport · 2006-12-11 11:46:40

Hey, so I'm going stateside in the summer, and would like info on how to go about taking advantage of the current very weak state of the dollar €1=$1.31 as I feel that by next June the rate won't be half as favourable what are my options? I dont want to just change three grand intpo dollars now, 'cause I dont want to have…

11-12-2006 11:46am

#1

Passport

Closed Accounts Posts: 311 ✭✭

Join Date: October 2006

Posts: 230

Hey, so I'm going stateside in the summer, and would like info on how to go about taking advantage of the current very weak state of the dollar
€1=$1.31 as I feel that by next June the rate won't be half as favourable what are my options?
I dont want to just change three grand intpo dollars now, 'cause I dont want to have to carry that much cash when I go out there,
Can I open a us bank account from here, or can I buy dollars on teh stock exchange and sell them over there, I don't want to sell them here and then have to change them back to dollars again

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#2 12-12-2006 4:33am

Our man in Havana

Closed Accounts Posts: 29,472 ✭✭✭✭

Join Date: November 2001

Posts: 27562

No.

The Patriot act makes it very hard to open bank accounts in the US. I dunno what you could do tbh. Any relatives in the USA?

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