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Expat Community > Ireland

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Dollar to Euro problem

13 years ago
Hello all, yesterday my bank was quoting 1.33 exchange rate. Now this is in my opinion not too great, but better than 1.45.

In any event, yes the dollar may strengthen as the euro declines. My question is this: If the euro declines or collapses and is replaced by each countries with their new currency, what happens to the euros you have in your international bank? Furthermore, in businesss articles it is stated that people are taking their money out of banks fearing their collapse and converting it into dollars!

Me I am confused.

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