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Entered By: Mark
Entry Date: 2011-08-01 14:19:26
Subject: Invest in Lempiras

Well here's something you don't see everyday, actually it's something this country has never seen before. The Lempiras appreciated against the dollar this morning. I'm sure this has everything to do with the "debt crisis" being kicked around in DC right now.

I went to the bank this morning to get some money out to pay for car repairs. I have an account in dollars, even though we live in Honduras. Sometimes it saves us money, such as when we need to travel to the US and need cash to pay fees along the way.  The exchange rate between Dollars and Lempiras is always posted in the bank. I've been here for five years and this was the first time I'd ever seen a change.  There is such a scare here that the bank would not take a check from my US account for a deposit. 

It's still too early to tell, but at the current rate of change you'd do well to invest in Lempiras. Send some dollars to me and I'll exchange them for you.

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