Exchange rate rising
 

Well, I don't know much about World economics and from what I have managed to understand the USA is up to its neck in it and there are worldwide economies teetering on the brink of collapse
BUT
in the last few days the exchange rate £ to CAD$ as improved significantly. $1.60 to the £ today:thumbsup:
Call me simple and selfish, but long may the global money market crisis continue if this is the result!:p
(Or at least until I sell my house and transfer the funds:thumbup:)

Re: Exchange rate rising
 

The smartest thing the British Government has done over recent decades was stay out of the Euro.

Re: Exchange rate rising
 

I want the rate to go the other way to you as I am now sending money the other way more frequently!!! :)

Tim

Re: Exchange rate rising
 

Save it up for a while, Tim!
You have had low rates your way for quite a while now - let us have a look in!:D

Re: Exchange rate rising
 

I was hoping that would happen long may it continue
knew there was a reason my house hadn't sold yet it was waiting for this to happen x

Re: Exchange rate rising
 

When Germany reduces its interest rates (which it will ultimately), the overvalued Euro will tank. That's when I buy my place in Spain.

Re: Exchange rate rising
 

Tonight I see this beautiful sight on XE;
1 GBP = 1.61741 CAD 1 CAD = 0.618273 GBP
Way-hey!:thumbsup:
Keep going, baby!!!!!!

Re: Exchange rate rising
 

When I first visited Canada in 99 it was 2.5, those were the days! :fingerscrossed:

Re: Exchange rate rising
 

You watch as it drops now that the Yobs are burning down London. :unsure:

Re: Exchange rate rising
 

Have I missed something - who is burning down London?:confused:
Ah, yes, I see now. What is the reason for that?

Re: Exchange rate rising
 

Corrected it for ya dude :rofl:

Re: Exchange rate rising
 

Hmmmmm. I have looked at this - not sure that a crowd of yobs in Tottenham is going to have any effect on International money markets, not when the whole of Greece is going to doing so, anyway........

Re: Exchange rate rising
 

Yes :rofl:

It was probably more luck than judgement aswell.

Re: Exchange rate rising
 

Totally disagree, if the UK had been in the Euro then the Euro would have been stronger and all the problems the ECB is having right now would have been smaller. At the end of the day all the largest trading partners the UK has are in the EU.

Re: Exchange rate rising
 

Which still shows the pound as being pathetically weak, I remember in 2003 when it got up to $2.50, and for quite some time afterward it was well over $2.