July 27, 2011 10:02 PM Subscribe
Economics filter: I'm sitting on a lot of Korean won
. I want to buy US dollars (practically, I'd do a wire transfer from my Korean bank acount to my US one). Given that the Republican Party might ruin the US economy out of sheer spite, how should I time this transfer to maximize my personal profit re: a beneficial exchange rate (weak USD, stable/strong-ish Korean won
posted by bardic to Work & Money (7 answers total) 1 user marked this as a favorite
Politically I'm sickened by what the GOP is trying to do to America buy hey, this is my situation. I get paid in South Korean currency and I'm wondering if the value of the US dollar is about to collapse, thereby allowing me to purchase many of them for cheap.
Should I do my wire transfer before or after August 2nd?