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Is your dream vacation abroad aboutto get cheaper?
Or is your international investment portfolio in for a wild ride?
Buckle up, folks, because some major global currencies might be headed for a nosedive by 2025.
GOBankingRates spoke with financial experts to get the scoop onwhich international monies might lose their mojo.
Euro: Parity Party With the Dollar?
While not exactly plummeting, the euro might be in for a reality check.
If we look at the long-term history, the euro was once worth about 1.5 dollars.
Why the potential slide?
Turkish Lira: Too Much, Too Fast?
Turkeys currency might be in for a bumpy ride.
Ukrainian Hryvnia: Debt Dilemma
Ukraines currency woes stem from a mountain of IOUs.
Ukraine has thethird-largest external debtin the world, Khandoshko explained.
It has huge obligations to the IMF and is forced to carry out significant economic liberalization.
Khandoshko believes Ukraine has virtually no other option but to devalue its national currency.
Chinese Yuan and Asian Currencies: Trump Card?
But its not just about politics.
What does this mean?
He says that until theU.S.
He believes this will continue until government officials opt to curb Australias own interest rates.
As far as the American dollar, Khandoshko shared, The dollar remains avery strong currency.
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