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Can I put my savings in US Dollar?
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It will make absolutely no difference to your house purchase if the pound falls against the dollar so you seem to be trying to find a solution to a problem that doesn't exist. There is a lot more risk in dollar moving the wrong way against the pound and you losing part of your deposit.MoMoHere said:I have some savings which I have been wanted to use as a deposit for my first home's mortgage. I think that it will not be able to buy a house until 2023-2024, and at the same time, I do not want my money to be eradicated if the pound falls further. Thank you,Remember the saying: if it looks too good to be true it almost certainly is.1
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