Saturday, October 25, 2008
Euro Relief
Man, this is nice! We're not losing as much to the exchange rate as we were just two months ago. Every missionary in a European country that either uses the Euro or a currency that is based upon the Euro is thanking God for the slip of the Euro against the U.S. Dollar. We hope this trend continues. When we served our 6 month internship in 2002 here, the exchange rate was in our favor as it took only $0.90 to buy 1 Euro (those were the good ole' days). Hopefully, in the next few months, the exchange rate will once again at least equalize. That would be very helpful.
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Girl, we are thanking God for the fall in the Euro, it's about time too!
When we took our last furlough it cost 1.59 to buy a Euro and now it's 1.25, that's pretty awesome.
When we came to the field in 2000 it only took .76 to by a Euro, one day, maybe, just maybe we'll be back there.
Although, did you hear that the FEDS are talking about dropping interest rates, that's bad news for us. Oh well, at least we know that out Father owns a cattle on a thousand hills!
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