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fx rates and leaving the $$$ in the UK

fx rates and leaving the $$$ in the UK

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Old Jun 11th 2007, 9:03 am
  #1  
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Default fx rates and leaving the $$$ in the UK

with teh fx rate plummetting in the wrong direction and costing me loadsamoney, what are people doing with their cash? Anyone any predictions on recovery? shall I stick it in an INg account?

any thoughts?

cheers
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Old Jun 11th 2007, 10:02 am
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Wol
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Default Re: fx rates and leaving the $$$ in the UK

If any of us could forecast the exchange rate correctly we'd all be a lot richer than we are!

It may "recover" - or then again it might go back to the good old days of 2.10.

Don't sweat it - there's nowt you can do about it.
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Old Jun 11th 2007, 1:30 pm
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Default Re: fx rates and leaving the $$$ in the UK

Originally Posted by chmaiden
with teh fx rate plummetting in the wrong direction and costing me loadsamoney, what are people doing with their cash? Anyone any predictions on recovery? shall I stick it in an INg account?

any thoughts?

cheers
Hi

We were about to transfer this morning first thing after last weeks downturn. We decided to see how today has gone and so far it's not gone down. It's been fairly level most of the day which is better than it going further down. Our agent said this morning that if it was his money he wouldn't transfer today...that's the best he could say really.

We have to transfer within the next week as we settle on our new house on 27th June so we need to money. We were 5K short on Friday!!! I've sorted out where I will borrow it from but am willing it to go up! I have these special powers you see.......
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