The dollar

Incredibly, a British pound can be bought for $1.53.

Isn't this the mid 1980s rate? I could have sworn this number was $1.98 or so early this year.

Am I "misremembering" this?

 

Wow, I can almost afford to visit Manchester again.

 

No, you're not. I think it poked past $2 at one point. I'm going in a couple weeks and this won't hurt.

 

Dollar WAS oversold, more than a tad.

Yes, it was.

Enjoy it, while it lasts.

 

Damn... it was just about $2 when I went to London in 2000...

 

I was there two years ago for four months. It was between $1.93 and $2.01 during that time, I would have loved if it was around $1.50. That's what the Euro was when I was over there.

 

At one point in the late 70s or early 80s, the British pound was nearly equal to the dollar. The dollar has gotten stronger against all currencies, because other countries are having big problems with their banking systems.