Will the £ ever equal $?

bolueeleh · Post by **bolueeleh** » Tue Jan 17, 2017 8:53 pm

Jamie_Lambo wrote:fuck brexit and fuck the exchange rate
ive just upgraded my apartment and paying $100 more than i was, Fuck the System!

fuck the system by working here and earning U$D, u hv the mobility, make full use of it

Raybull · Post by **Raybull** » Tue Jan 17, 2017 8:55 pm

Jamie_Lambo wrote:
Barang_doa_slae wrote:
Jamie_Lambo wrote:
Barang_doa_slae wrote:
Jamie_Lambo wrote:fuck brexit and fuck the exchange rate
ive just upgraded my apartment and paying $100 more than i was, Fuck the System!
More comfort but less pounding ?
ive just changed where i do my shopping
I was trying a pun on the Pound
i only have a one track mind, you know this already

LionsLeftTesticle · Post by **LionsLeftTesticle** » Tue Jan 17, 2017 8:55 pm

timmydownawell wrote:I'd prefer the AUD to stay over 75c tbh and atm it's looking good for the first time in a month. It could go to78-80c but later if the US increases interest rates it won't last.

Any particular reason why (if I'm right thinking it will be worse for Australians)?

LionsLeftTesticle · Post by **LionsLeftTesticle** » Tue Jan 17, 2017 8:58 pm

cptrelentless wrote:The drop was always on the cards, the massive debt hanging round meant the £ was trading above it's weight for a while there. I expected some sort of rebound since the news about the economy since the whole Brexit vote has been positive for the UK. But no, still being shorted.

It was pretty good for a while a few years ago if I remember correctly, when I was exchanging for baht.

Then boom.

timmydownawell · Post by **timmydownawell** » Tue Jan 17, 2017 9:11 pm

LionsLeftTesticle wrote:
timmydownawell wrote:I'd prefer the AUD to stay over 75c tbh and atm it's looking good for the first time in a month. It could go to78-80c but later if the US increases interest rates it won't last.
Any particular reason why (if I'm right thinking it will be worse for Australians)?

I was reading some economist outlooks in the news, short term is ok but if interest rates go up in the US it's bad for the AUD. I don't know if Trump's influence will improve their economy enough for that. Deeply sceptical, in fact. But he could send the whole world into a tailspin. So where does that leave anyone?

SinnSisamouth · Post by **SinnSisamouth** » Tue Jan 17, 2017 9:17 pm

LionsLeftTesticle wrote:
SinnSisamouth wrote:
John Bingham wrote:
SinnSisamouth wrote:
whats the exchange rate got to with savings?

If your savings or pension or whatever is in £ Sterling, you're going to get a lot less for your pound now.
yes I am aware that if you are on a pension but savings are saved and you don't spend hence savings
all getting a massive 0.25℅ in the uk!

pensions are the only issue
Obviously it's only an issue if you live on your savings or need to top up your pension.

anyone with any brains living in cambodia off their savings would have their savings already here

unless they like paying every time they use an atm

LionsLeftTesticle · Post by **LionsLeftTesticle** » Tue Jan 17, 2017 9:20 pm

Interest would pay for withdrawals.

Don't know what would happen if Cambodia swallowed all your savings.

SinnSisamouth · Post by **SinnSisamouth** » Wed Jan 18, 2017 9:13 am

phuketrichard wrote:1 GBP =1.23193USD➔British Pound1 GBP = 1.23193 USD
↔
US Dollar1 USD = 0.811735 GBP

1 AUD =0.754081USD➔Australian Dollar1 AUD = 0.754081 USD
↔
US Dollar1 USD = 1.32612 AUD

http://www.xe.com/

the GBP drop is killing many retirees living here on pensions

thats not public exchange rates though

youd be lucky to get $1.10 for £1

Post by **Jamie_Lambo** » Wed Jan 18, 2017 10:56 am

LionsLeftTesticle wrote:What did it used to be?

I'm I imagining 1.5, or possibly even higher?

At least a little good news in last hour.

used to a steady 1.6 a few years ago

Post by **Jamie_Lambo** » Wed Jan 18, 2017 11:04 am

SinnSisamouth wrote:
phuketrichard wrote:1 GBP =1.23193USD➔British Pound1 GBP = 1.23193 USD
↔
US Dollar1 USD = 0.811735 GBP

1 AUD =0.754081USD➔Australian Dollar1 AUD = 0.754081 USD
↔
US Dollar1 USD = 1.32612 AUD

http://www.xe.com/

the GBP drop is killing many retirees living here on pensions
thats not public exchange rates though

youd be lucky to get $1.10 for £1

when i transferred my money to my ABA account over the new year i got $1.21 > £1

Will the £ ever equal $?

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