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I have a hotel to pay for in US dollars.....Am I...

littlebw · 2016-11-18 18:07:56

Better to pay this in full now or should i hang on till August / September 2017 when it needs to be paid?

Comments

Voyager2002 Posts: 16,349 Forumite

19 November 2016 at 11:24AM

Sharon87 wrote: »

Wait, the exchange rate will likely improve in our favour after Trump spends all the money on the wall! Haha!

Seriously though, wait, the exchange rate won't get worse, but more likely get better.

Other things being equal (which of course they won't be), one would expect a decline in the pound at the point when the UK invokes Article 50.

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