suspiciously high ex rate
Dec 26th 2003, 12:48 pm
#1
Account Closed
Thread Starter
Joined: Nov 2003
Posts: 1,384
suspiciously high ex rate
I've just had a look at halewoods exchange rates for today and the rate for £ to $ is 2.63 ???
Can anyone explain this?
www.hifx.co.uk look at currency converter.
Michaela
Can anyone explain this?
www.hifx.co.uk look at currency converter.
Michaela
Dec 26th 2003, 12:55 pm
#2
Account Closed
Thread Starter
Joined: Nov 2003
Posts: 1,384
Just looked again and its now saying 2.36, must have been an error but I got very excited for a minute and shouted all my family to come and witness it!
Knew it was too good to be true!
Knew it was too good to be true!
Dec 26th 2003, 1:43 pm
#3
BE Forum Addict
Joined: Nov 2003
Location: Lower Chittering, Perth
Posts: 4,646
Mind you, not as good as you want it but it has improved over the past few months.
Dec 28th 2003, 1:26 am
#4
Banned
Joined: Aug 2002
Posts: 7,613
Originally posted by sj oldfield
Mind you, not as good as you want it but it has improved over the past few months.
Mind you, not as good as you want it but it has improved over the past few months.
Dec 28th 2003, 2:18 am
#5
BE Enthusiast
Joined: Jan 2003
Location: Hawkes Bay
Posts: 359
I hope so now that I've exchanged all my cash. Would be p...ed off if it went the other way. Lost a few thousand dollars (NZ) with my last £50K when it pinged back up last week.
Roger
Roger
Dec 28th 2003, 2:25 am
#6
Banned
Joined: Aug 2002
Posts: 7,613
On the other hand (there's always another hand) the GBP is looking like it will (perhaps briefly?) fly in the face of trend/ rationality and enjoy a period when it is seen as the currency of a fairly robust economy. And ISN'T the USD, EUR, or a commodity currency. Mystic Don sees a bounce for the Swissie, the Norwegian Kroner and the GBP - until the markets realise Prudence Brown has stifled the economy, cooked the books, stoked an improbable housing bubble, soaked the entrepreneurs and the middle classes in general for no public services gains and done nothing impactful about the current account deficit which is starting to look very wobbly indeed (wobbly like an avalanche waiting for the spring thaw).
