Sorry if this is somewhat redundant.
So, the dollar is dropping and is now back down to roughly $1.50 per GBP. It was at $1.37 a couple of months back and doesn't seem to be showing any signs of slowing. I was thinking of converting some dollars to pounds even though we aren't moving until September. What is the best way to do this and is it a good idea?
Also, it is my understanding that our credit ratings here are useless there. How is this going to affect us with things like renting a place, utilities and mobile phones? It has been suggested that if we open an account at a bank with branches in both countries that they may consider our strong US credit rating? I suppose this would also make it easy to convert USD to GBP.
What do you all think?
