Archive for October, 2007

 

How do currency exchange black marketers make money?

Wednesday, October 31st, 2007
bobby v asked:


Went to a foreign country and bought the local currency at a black market because they gave more per dollar than the banks. How do they profit if the exchange rate constantly change? What is the theory behind it?

MARJORIE

 

4X Currency

Monday, October 22nd, 2007
4XCurrency asked:


Interview with founder and managing dircetor Helen Scott, regarding the benefits of 4X Currency’s new forward trading service.

ANITA

 

Why do tourists from third world countries have to suffer when it comes to currency exchange?

Wednesday, October 17th, 2007
simplyred asked:


Ifyou are from a third world country and u get to travel to a first world country such as the usa or uk, you will have to scrape your wallet and live a mieger life than the life you led in your home country.This is due to currency exchange. You have to pay ten times the amount to buy a loaf of bread in your visiting country than the amount you paid back back home for the same product.

JILL

 

Currency exchange service fees on cruise ships?

Friday, October 12th, 2007
ks asked:


Does anyone know how much cruise ships (specifically Royal Caribbean) charge to exchange currency on board?

CHARLES

 

Currency exchange - what is the smartest way to get Euro?

Saturday, October 6th, 2007
Needhelp asked:


I will be travelling to Italy in late April. Should I buy Euro in the States or wait till I am there. Either way, where should I get it: at a bank, hotel or the foreign currency exchange stores or just use my ATM card? (I know the US$ is weak, so have to find the best way to buy Euro) Thanks!

GENE