The Economy

The exchange rate is playing a

bigger and bigger role everyday

as people struggle to get by.

 

 

It used to be that people scarcely

paid attention to the exchange rate.

Nowadays however they are watching

it extremely carefully.

 

The slightest dip in the exchange rate

to someone’s advantage and they are

right there jolly at the bank to make an

exchange.

 

The same if the currency fluctuation goes

the other way.  Then the people on the other

side of the fluctuation are wanting to exchange.

 

It has gotten comical.

 

You can’t blame them, though, especially

when people are sending money home to

relatives in other countries. 

 

Someone told me the story about the

Filipino currency was running 50 to

the dollar and then down to 40, with

parallel fluctuation in the Euro conversion.

What a hardship this could be for families

abroad who lack work and are dependent

on these few bits of assistance from family

to help them get by.

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