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Exchange now or later?


Staff at FOREX Bank’s offices are often asked about the future of the Swedish Crown, especially in relation to the Euro or Dollar; “should we exchange our summer spending money now, when the rates are favourable or wait until they are even better?”

Currency predictions should be taken for what they are, educated guesses, which in one fell swoop can be changed by international crises. But at the moment things point towards the Euro weakening and the Dollar strengthening. Those wanting to partly cover themselves should buy some of their currency now and the rest before they leave. You can follow the ever-changing currency rates at www.forex.se

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