(MENAFN) Saif Mir, the 33-year-old primary school teacher, is one of a class of stockholders looking to purchase property in the UK with its currency is fragile. Sterling has been dropping in opposition to the American currency for most of 2021, and newly fell to 547-days short over concerns about slow growth as well as the mounting danger of a decline in the UK.
Mir has experience of the stock and has a lot buy-to-let houses in the UK. He recently notices as a great time to build on to his portfolio, as every dirham he resends is valued more because of the fragile UK’s currency, pound.
He is not the only one, with lots of other Britons located in the UAE seeking for methods to take advantage of the promising trade rate. The chance was so appealing for Mir, who is saving to purchase land as well as build on it, that he took an advance out in the UAE to send back a larger amount.
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