A few years back, when the euro was strong against the dollar, I was, in large part, being paid in dollars: calculation of payments was done in dollars you understand. Most of my expenses were here in Europe in euros.
Various bits and bobs have changed and now my income is determined and calculated in euros. However, I\’ve got a fairly chunky piece of $ debt that I am paying down.
The euro sank to a near two-year low against the dollar on Tuesday amid worries about the solvency of Spanish banks, and as the governor of the country\’s central bank quit. The single currency fell below $1.25 after
Sigh, got that the wrong way both times, eh?