Should I buy currency now in case the US dollar falls before my big trip?
June 30, 2011 11:52 AM Subscribe
Should I buy some Turkish currency now, ahead of my two-week September trip to Istanbul, to hedge against the (hopefully remote) possibility that U.S. politicians will not raise the debt ceiling by August? Or euros? Are there other steps I should take now to protect myself, just in case?
posted by croutonsupafreak to travel & transportation around Istanbul, Turkey (11 answers total) 1 user marked this as a favorite
I'm not freakishly worried, but it seems like there's at least a remote possibility that political deadlock could prevent Congress from acting. This trip is already going to be hard on my budget, and if U.S. currency drops significantly it will be even tougher. I'd welcome any advice on what reasonable steps I can take just in case.