kimg Posted October 18, 2007 Share Posted October 18, 2007 hiim hanging on as long as i can before cashing up, as i need to complete my purchase on 5th november.the pound is going down.......will winning the world cup on saturday with hamilton winning in brazil, be the feel good factor i need?heres hopingkim Link to comment Share on other sites More sharing options...
cartref Posted October 19, 2007 Share Posted October 19, 2007 Hi Kim,Regards from Pas de Calais (roseysan). Glad to see you are looking at the economics of these wonderful exchange rates. I am getting around 1.42€ to the pound via a cash machine but slightly more on purchases, so you may do alright. I wish you well on November 5th [6](fortuitous date NOT) and hopt to have that cuppa with you soon. roseysan (aka Sandra) Link to comment Share on other sites More sharing options...
Bob T Posted October 19, 2007 Share Posted October 19, 2007 Kim, Your guess as to what will happen with exchange rates over the next few weeks is as good as any expert. Link to comment Share on other sites More sharing options...
woody2122 Posted October 19, 2007 Share Posted October 19, 2007 I noticed on the exchange rate history the pound to euro was 1.52 in feb 07 and now its about 1.43 , the eurzone interest rates is 3.75% but does this effect the exchange rates between the pound and euro ie if the euro interest rate goes up will we get less euros for the pound Link to comment Share on other sites More sharing options...
mint Posted October 19, 2007 Share Posted October 19, 2007 Could happen with euro hardening against the pound if euro interest rates go up. This is because the big boys and girls dealing in money markets will sell pounds to buy euros in order to make their funds work harder. Euro more popular, pound less popular, does not need Einstein to work out which currency will be worth more, does it? Link to comment Share on other sites More sharing options...
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