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Old Sep 14th 2017, 3:09 am   #31
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Default Re: Philippine Peso to Pound

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Originally Posted by Bazza070958 View Post
Lumped on thanks .... When I arrived last Aug it was 61 then went to 58 just as I was purchasing all my big items grrrrrr .... I was gonna take advantage of the 67.2 this morning so glad I waited. By the way was it you in a post that recommended "Welsh Deli" ...if it was I cant thank you enough
I will take credit for advising the GBP/P rate, but can't not take it for any info on the Welsh Deli.
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Old Sep 14th 2017, 6:39 am   #32
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Default Re: Philippine Peso to Pound

Think it was me Bazza re Welsh Deli. I've been singing the praises of their sausages etc for a while. I'm down to my last tray of chipolatas so must get order in. Luckily I've found a nice lady in Lapu-Lapu who now does back bacon and not only is it as nice as Roys, it's 130p a kilo cheaper! Means I can justify ordering even more sausages................
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Old Sep 14th 2017, 11:54 am   #33
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Default Re: Philippine Peso to Pound

Over 68p and pay day is the 20th, a celebratory 69
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Old Sep 14th 2017, 12:05 pm   #34
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Default Re: Philippine Peso to Pound

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Over 68p and pay day is the 20th, a celebratory 69
I assume the celebratory 69 is the expected GBP/P exchange rate and not the position.
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Old Sep 14th 2017, 12:36 pm   #35
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Default Re: Philippine Peso to Pound

We are going to the State on the 28th, just hope it holds up till then as can't change any money at the moment. The pounds risen on the back of the Bank of England saying interest rate are likely to rise in the coming months.
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Old Sep 14th 2017, 2:00 pm   #36
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Default Re: Philippine Peso to Pound

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Originally Posted by Stokkevn View Post
I assume the celebratory 69 is the expected GBP/P exchange rate and not the position.
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Old Sep 15th 2017, 2:06 pm   #37
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Default Re: Philippine Peso to Pound

I think my enthusiasm for the GBP/Ph rate hitting 67.9 may have been a bit premature. Today it has just touched 70, briefly. At this rate it could return to the halcyon days of 106 to the pound. Well we can all dream, can't we.
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Old Sep 15th 2017, 2:15 pm   #38
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Default Re: Philippine Peso to Pound

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Originally Posted by Stokkevn View Post
I think my enthusiasm for the GBP/Ph rate hitting 67.9 may have been a bit premature. Today it has just touched 70, briefly. At this rate it could return to the halcyon days of 106 to the pound. Well we can all dream, can't we.
It's just teasing me as the £/$ is 1.35 and will fall off a cliff around the 26th two days before I go on holiday.
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Old Sep 19th 2017, 1:39 am   #39
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Default Re: Philippine Peso to Pound

PhP/Pound rate back at the 69! Hopes of it getting well above it's pre Brexit referendum level just dampened by the Governor of the Bank of England's most recent statement that interest rate rises will be "gradual" and "limited". But if UK inflation shows signs of rising more than expected that could all change.

Not been a fan of Mark Carney, ever since his "gloom and doom" forecast pre Brexit referendum, and a week or so ago his teasing statement on UK interest rates was not a good one for his future credibility.

On the negative side there is the continual uncertainty over the Brexit negotiations and whether Mrs May is fully in control of the UK approach.

All may be saved by PhP weakness. Despite the current high economic growth,the markets are looking at future current account deficits widening due to the infrastructure boost, likely rises in inflation affecting the poor, the slow resolution of the Marawi conflict and a fractious political situation, despite there being a government "super majority".

I think that us Brits here will mostly gain from what I think will be a modest Pound rise, unless we spend too much of our pensions on gas, imported product etc.
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