I noticed this when I sent money back home last payday,usually the conversion rate is almost double,now its like 1.3 or something like that.
StickyfingahZ Reviewed by StickyfingahZ on . Why the Dollar is So Cheap By PETER MORICI The dollar is trading at all time lows against the euro and gold for good reasons. The Bush Administration has flooded the world with greenbacks, and global investors have little confidence in the management of the U.S. economy. During the Bush years, the U.S. trade deficit has doubled. Thanks to dysfunctional energy policies and tolerance for Chinese mercantilism, the deficit has exceeded $700 billion each of the last three years and is more than 5 percent of GDP. The Rating: 5