Exchange rates
#1
BE Enthusiast
Thread Starter
Joined: Aug 2003
Location: Doha, Qatar
Posts: 790
Exchange rates
Anyone noticed that the pound sterling appears to be slipping against the UAE Dirham? It's down today to 6.75ish from highs of previously 7.10.
More importantly does anyone actually care?
More importantly does anyone actually care?
#2
Guest
Posts: n/a
Re: Exchange rates
I'd prefer it stayed at either 7 or 6.
Makes it easier to tell people back home how much things cost.
Makes it easier to tell people back home how much things cost.
#4
Re: Exchange rates
Originally Posted by Majj
Anyone noticed that the pound sterling appears to be slipping against the UAE Dirham? It's down today to 6.75ish from highs of previously 7.10.
More importantly does anyone actually care?
More importantly does anyone actually care?
#5
Re: Exchange rates
Originally Posted by Majj
Anyone noticed that the pound sterling appears to be slipping against the UAE Dirham? It's down today to 6.75ish from highs of previously 7.10.
More importantly does anyone actually care?
More importantly does anyone actually care?
#6
Re: Exchange rates
Originally Posted by Welivehere
Yeah I care... Makes a quite a difference when you sent back a substantial amount. The difference from when I came out to 7.1 can be 300-400 quid a month, so I really care.... Long may it go down...
Excellent sig WLH....and how true.....
#7
Re: Exchange rates
Originally Posted by Truth Speak
Excellent sig WLH....and how true.....
And for me it's a belief I hold very close....
#8
Re: Exchange rates
As I wrote yesterday? Actually a quote from a customer of mine :
And when Bush visited Europe and thought :
"Okay... Let me try to make a smart remark for once?"
Gentlemen of Europe? The US Dollar? Our currency, your problem....
And then? A German banker stood up.
"Mister Bush? With all do respect, and I'll keep my sentences short for you. And as we've been told you don't like to read? I won't put it in writing either.
With an exchange rate of 1 Euro = US$ 1.28? And that American attempt to clone Albert Einstein in the form of Alan Greenspan?
I hear the White House is for sale? May we make an offer on it? I hear it comes with an awesome garden called the USA..."
Hehehehe...
And when Bush visited Europe and thought :
"Okay... Let me try to make a smart remark for once?"
Gentlemen of Europe? The US Dollar? Our currency, your problem....
And then? A German banker stood up.
"Mister Bush? With all do respect, and I'll keep my sentences short for you. And as we've been told you don't like to read? I won't put it in writing either.
With an exchange rate of 1 Euro = US$ 1.28? And that American attempt to clone Albert Einstein in the form of Alan Greenspan?
I hear the White House is for sale? May we make an offer on it? I hear it comes with an awesome garden called the USA..."
Hehehehe...
Last edited by Frans Wind; May 18th 2005 at 12:06 pm.
#9
Re: Exchange rates
Ahhh...was just waiting for somebody to come along and blame all their problems on the US.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
#10
Re: Exchange rates
Originally Posted by TA5
Ahhh...was just waiting for somebody to come along and blame all their problems on the US.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
And who recently complained? The American Importing companies. "Our costprices have gone up with 24.6% in the last 36 months" May I remind you TA5 that this kind of short term thinking is like fuel for inflation? Who once wrote "He (or she) that doesn't learn from mistakes made in the past is doomed to relive them..."
Go to your famous "Ivy" Universities. Ask the think tank of America what the effect is on artificial borders? Or lowering exchange rates artificially? You guessed it "Classical Short Term Economic Thinking" Or better known as Bush policy.
#11
Re: Exchange rates
Originally Posted by TA5
Ahhh...was just waiting for somebody to come along and blame all their problems on the US.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
#12
Re: Exchange rates
Originally Posted by TA5
Ahhh...was just waiting for somebody to come along and blame all their problems on the US.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
The US devalued their currency to decrease our trade deficit, basically, to help ourselves. If the world is that dependent on the US currency for their own uses, then it pretty much shoots down the theory that the US shouldn't meddle in foreign affairs.
#13
Re: Exchange rates
Getting a little worked up there aren't you stoney?
Not so short term, just a typical long lead strategy that will be of benefit in the long term. Well, for us, maybe not for you, but last I checked the US was interfering in foreign affairs too much so now we'll start worrying about ourselves a little bit more.
You need to chill out, I mean, how can the value of the US dollar make people so mad, is it that integral to your own country's economy? Maybe you should get your OWN MONETARY SYSTEM!
Not so short term, just a typical long lead strategy that will be of benefit in the long term. Well, for us, maybe not for you, but last I checked the US was interfering in foreign affairs too much so now we'll start worrying about ourselves a little bit more.
You need to chill out, I mean, how can the value of the US dollar make people so mad, is it that integral to your own country's economy? Maybe you should get your OWN MONETARY SYSTEM!
#14
Re: Exchange rates
Originally Posted by Frans Wind
Sorry TA5, didn't mean it to sound like a personal attack on you. But as I work on the export myself? I'm getting sick and tired of the complaints "Can't you do anything about that crazy Euro?" Crazy Euro? Europe doesn't have a problem, all US Dollar related economies do. Is that so dificult to understand?
#15
Re: Exchange rates
Originally Posted by TA5
Getting a little worked up there aren't you stoney?
Not so short term, just a typical long lead strategy that will be of benefit in the long term. Well, for us, maybe not for you, but last I checked the US was interfering in foreign affairs too much so now we'll start worrying about ourselves a little bit more.
You need to chill out, I mean, how can the value of the US dollar make people so mad, is it that integral to your own country's economy? Maybe you should get your OWN MONETARY SYSTEM!
Not so short term, just a typical long lead strategy that will be of benefit in the long term. Well, for us, maybe not for you, but last I checked the US was interfering in foreign affairs too much so now we'll start worrying about ourselves a little bit more.
You need to chill out, I mean, how can the value of the US dollar make people so mad, is it that integral to your own country's economy? Maybe you should get your OWN MONETARY SYSTEM!
You might wanna rethink that "Monetary System" of yours as well. Or even better, retire Alan Greenspan for good.