Exchange rate AUD Vs GBP £1 buys $1.83
#410
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Hmmm it's now $1.72 after the BOE cut 25bps. One more rate cut and it's 0%.
Looking forward to my holiday there soon!
Looking forward to my holiday there soon!
#412
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Just did a rather nice transfer. randomly woke up with a craving for strong english cheese and toast. Its freezing just above zero here, celebrating with big mug of tea.
#413
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: Exchange rate AUD Vs GBP £1 buys $1.83
Just a touch off 59 now.
#414
Re: Exchange rate AUD Vs GBP £1 buys $1.83
I'm afraid my holiday will be a shopping disaster...I may have to ask for a smaller credit limit
#416
Re: Exchange rate AUD Vs GBP £1 buys $1.83
getting there
AUD to GBP Exchange Rate - Bloomberg Markets
EUR is also looking good at 69.
http://www.bloomberg.com/quote/AUDEUR:CUR
AUD to GBP Exchange Rate - Bloomberg Markets
EUR is also looking good at 69.
http://www.bloomberg.com/quote/AUDEUR:CUR
#418
Re: Exchange rate AUD Vs GBP £1 buys $1.83
The RBA is gona be livid. They cut interest rates to depreciate the AUD. The opposite thing happened.
Same thing happened to the NZD this morning after the RBNZ cut rates, it went up.
Same thing happened to the NZD this morning after the RBNZ cut rates, it went up.
#419
Re: Exchange rate AUD Vs GBP £1 buys $1.83
As reported at -http://www.australiandollarforecast.com/
"Sterling has continued to weaken against all major currencies since the Brexit and in particular we have seen Sterling drop to its lowest level to buy Australian Dollars since November 2013.
Even in light of the RBA cutting interest rates last week this has done nothing to weaken the Australian Dollar as the pressure continues to increase on the value of Sterling.
The Bank of England cut interest rates for the first time since 2009 to their lowest rate in history at just 0.25% and this has caused Sterling to lose value.
Even with Australian interest rates having been cut they are still more attractive than over here in the UK.
The increase of Quantitative Easing has also caused investor confidence to fall in the UK and with consumer confidence at its lowest level since 1990 things are not looking good for Sterling exchange rates.
The Interbank level has fallen below 1.70 as predicted in my previous article and we could potentially see further losses for Sterling to come."
#420
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Exchange rate AUD Vs GBP £1 buys $1.83
I still spent pounds on my trip to the UK the past couple of weeks. If we get to 0.65 then I may start spending AUD in the UK.