Sending dollars to America is at its cheapest level for some weeks - today's jobless data showed the highest level of benefit claimants in the USA since 1982.
Such bad news tends to weaken the US currency as it has today - mid-market levels are now at 1.4697.
Of course, if you are sending money to Dubai in UAE Dirhams, or need any other currency pegged to the US Dollar, your exchange rate has also improved.
Currency Index is a specialist currency company and can help you with any foreign transactions - call us for a friendly discussion.
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