Daily English 1108 - Foreign Currency Exchange Rates

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Dialogue/Story

Sydney: Where should we go on our honeymoon? I thought Rome would be nice.

Isaac: Let me check. No, that wouldn’t be a good idea.

Sydney: Okay, how about Tokyo? I’ve always wanted to visit Japan.

Isaac: No, I’m afraid not.

Sydney: How are you making these determinations?

Isaac: I’m checking to see if the U.S. dollar has a favorable exchange rate with those currencies. We want our dollars to go as far as they can.

Sydney: You mean you want to pick our honeymoon destination according to the currency market.

Isaac: I’m just saying that we should take advantage of falling currencies or ones that have already depreciated significantly. A strong dollar means we can get more bang for the buck.

Sydney: So you’re saying that you want us to make plans at the whim of the Federal Reserve and central banks.

Isaac: Well, I wouldn’t go that far. I’m only saying that it would make financial sense.

Sydney: That doesn’t seem like a very romantic way of picking a honeymoon destination.

Isaac: Romance is overrated. Wouldn’t you rather be solvent than sentimental?

Sydney: I’d rather be solvent and sentimental.

Category: Money


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