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The economic downturn has dominated the news for the last six months. However, it's not all doom and gloom. One of the effects of the recession on the UK economy has been to lower the exchange rate of sterling against a great many other currencies. For example, six months ago, the Japanese yen was trading at ¥220/£1. When this article was written, it was trading at ¥143/£1.
It's the same story with the Euro. Six months ago, €1 bought £0.78. On April 20th, 2009, it bought £0.88.
These are just two examples, the same thing is happening with many other currencies as well. This means that your money will go further in the UK now than it did six months or a year ago, so despite the less than positive economic news, it's actually a good time to study in Edinburgh.
