exchange rates
Jul 7th 2005, 9:42 am
#1
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exchange rates
If the bank of England drop the interest rate as is expected this week. How will this effect the exchange rate if at all?
Regards Chris
Regards Chris
Jul 7th 2005, 10:51 am
#2
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Re: exchange rates
Originally Posted by Handyandy180
If the bank of England drop the interest rate as is expected this week. How will this effect the exchange rate if at all?
Regards Chris
Regards Chris
Jul 7th 2005, 11:00 am
#3
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Re: exchange rates
Effect of the explosions:
Jul 7th 2005, 11:22 am
#4
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Re: exchange rates
Originally Posted by Megalania
Effect of the explosions:
Jul 7th 2005, 2:31 pm
#5
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Re: exchange rates
Originally Posted by marco121068
Rates kept on hold - but Sterling weakened by the explosions in London.
Regards Chris
Jul 7th 2005, 3:13 pm
#6
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Re: exchange rates
Originally Posted by Handyandy180
Has anyone any idea how this may affect the exchange rate?
Regards Chris
Regards Chris
Well, don't need anything too sophisticated here: schoolboy economics tells us that if UK interest rates go down the, all other things being equal, the pound will weaken, and you'll get less AUD for your GBP.
Jul 8th 2005, 10:08 am
#7
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Re: exchange rates
Originally Posted by Handyandy180
Has anyone any idea how this may affect the exchange rate?
Regards Chris
Regards Chris
