Forex Indicators
Where is the best place to buy foreign currency?
I want to buy the yuan with us dollars. I went to wells fargo and their rate (at .143) was considerably higher than the current conversion rate (.129 or so). Other banks I went to required accounts. Also, I heard airports do not offer good rates. Finally, please do not refer to local exchangers (street) or forex sites. I am looking to buy real currency from a trusted source at a rate near the current .129 rate. Thank you for your answers.
Public Comments
- You get the best exchange rates on credit card purchases and ATM's, so if you can, wait until you go there and use an ATM machine. Otherwise, I'd bite the bullet and use the bank. It's the only trusted source.
