GB Pound Hits the Skids Again

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aviator
Posts: 64
Joined: 13 Nov 2019 14:30

GB Pound Hits the Skids Again

#1

Post: # 6800Post aviator »

Looks like the GBP is falling against the Euro (again):

http://www.livecharts.co.uk/ForexCharts/gbpeur.php

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Carl
Site Admin
Posts: 12668
Joined: 18 Oct 2019 20:08

Re: GB Pound Hits the Skids Again

#2

Post: # 6802Post Carl »

aviator wrote: 19 Jun 2020 10:44 Looks like the GBP is falling against the Euro (again):

http://www.livecharts.co.uk/ForexCharts/gbpeur.php
Friday is normally a bad trading day on the money markets anyway, but today it was also hit with the release of the pubic sector debt figures for May which exceeded 100% of GDP for the first time since 1963.
aviator
Posts: 64
Joined: 13 Nov 2019 14:30

Re: GB Pound Hits the Skids Again

#3

Post: # 6803Post aviator »

I suspect the BOE announcement of a further £100BN of quantitative easing hasn't helped the Pound.
Rosiemac
Posts: 325
Joined: 04 Mar 2020 20:33

Re: GB Pound Hits the Skids Again

#4

Post: # 6815Post Rosiemac »

We could afford to take a bad price for our house If we decided to put it on the market. It’s worth considering, what do you think?
jimny1
Posts: 1478
Joined: 02 Dec 2019 23:03

Re: GB Pound Hits the Skids Again

#5

Post: # 7054Post jimny1 »

1 Pound sterling equals
1.09 Euro
Jun 29, 21:00 UTC · Disclaimer
Worse rate today
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Carl
Site Admin
Posts: 12668
Joined: 18 Oct 2019 20:08

Re: GB Pound Hits the Skids Again

#6

Post: # 7056Post Carl »

jimny1 wrote: 29 Jun 2020 23:04 1 Pound sterling equals
1.09 Euro
Jun 29, 21:00 UTC · Disclaimer
Worse rate today
I think that the 1.09 was also the business rate, so the tourist rate would be even worse.
chrisz
Posts: 152
Joined: 30 Oct 2019 19:41

Re: GB Pound Hits the Skids Again

#7

Post: # 7057Post chrisz »

Rosiemac wrote: 19 Jun 2020 20:44 We could afford to take a bad price for our house If we decided to put it on the market. It’s worth considering, what do you think?
Go for it if you are returning to the UK.
Lincoln45
Posts: 597
Joined: 28 Oct 2019 08:57

Re: GB Pound Hits the Skids Again

#8

Post: # 7058Post Lincoln45 »

Rosiemac wrote: 19 Jun 2020 20:44 We could afford to take a bad price for our house If we decided to put it on the market. It’s worth considering, what do you think?
Would you actually be taking a hit if you sold for a bad price. What was the exchange rate when you purchased


I'm going back to the UK and look at the pound sliding as a bonus. More £s foe my €s
Brandyboy

Re: GB Pound Hits the Skids Again

#9

Post: # 7088Post Brandyboy »

Back up to 1.11 now.. panic over.. :roll:
jimny1
Posts: 1478
Joined: 02 Dec 2019 23:03

Re: GB Pound Hits the Skids Again

#10

Post: # 7089Post jimny1 »

I wonder which way it will go now the government has approved the visa rights of 3 million from hong kong
https://www.theguardian.com/world/2020/ ... itizenship

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