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Bott

What To Do With My Aed? (uae Dirhams)

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hey all, I am currently working in Dubai and seem to be saving money up for the first time in my life! woohoo

anyway, i want to know whether i should convert it to pounds in the summer or should i hang fire and wait for the exchange rate to be more accommodating? I hear (i am an economics numpty so be gentle with me) that the AED is tied to the dollar thereby making it extremely weak at the moment, why is this? and is there any chance they ditch this arrangement in the near future (say next 2 or 3 years)

any advice and observations about the economy in the UAE would be appreciated as well

Many thanks

Botty

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  • 297 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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