Activity 3 Listening
Listen to the following dialogue and fill in the gaps.
Derek: You won’t believe what just happened.
Kelly: What?
Derek: I went down to change some money, right?
Kelly: Yes. We need some. How much did you change?
Derek: I wanted to change around 5,000 yuan. And you know the (1) _____ rate.
Kelly: Yes, that’s about 4.3 (2) _____ for every yuan, right?
Derek: Not today.
Kelly: What do you mean?
Derek: I went into the bank with my money, and I looked at the exchange board. At first I couldn’t believe it. I thought I was reading the board wrong or something.
Kelly: Why?
Derek: Because the board said 4.8 bahts for every yuan.
Kelly: 4.8? That’s too much. How can that be?
Derek: I thought it was wrong too. It didn’t make sense.
Kelly: Just two days ago it was 4.3.How can it be 4.8?(https://www.daowen.com)
Derek: So, I went up to the teller and started to exchange the money. And it’s true. They really gave me 4.8 bahts for the yuan.
Kelly: That’s amazing! Really? How could it change so much in two days?
Derek: I managed to ask the bank (3)_____ why it changed.
Kelly: What happened?
Derek: It seems that yesterday the Thai government declared it wouldn’t pay back the loans it got from the World Bank. The government declared a (4) _____ on the loans.
Kelly: That’s serious.
Derek: I know. The economy here is having serious problems. But because the government declared a default the (5) _____ value went way down.
Kelly: So now Thai bahts are worth less.
Derek: Yes, it’s an amazing (6) _____ .
Kelly: Wow. I feel sorry for the (7)_____. But it’s good for us.
Derek: Yes, it’s very good. We suddenly have more money to spend here. Our hotel costs much less than when we got here! Isn’t that strange?
Kelly: Yes, and you know what?
Derek: What?
Kelly: I don’t really like this hotel that much. So tonight, now that we are so rich, why don’t we stay in the most expensive hotel in town?
Derek: Why not? We should do it. Because now we can (8) _____ it.