Money transfer
Jun 22nd 2016, 7:11 pm
#1
BE Enthusiast
Thread Starter
Joined: Jan 2014
Location: Kerikeri
Posts: 718
Money transfer
I have deferred transferring a large amount of cash to NZ in the expectation of a 'Remain' win and a large bounce in exchange rates - if Brexit win you will be able to hear my sobbing in the SI.
Anyone else in the same position?
Anyone else in the same position?
Jun 22nd 2016, 7:24 pm
#2
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,439
Re: Money transfer
Don't expect much of a bounce if Remain wins, and IMO it might be very short-lived. It may be already too late today for you to do anything, but if it was was me, I would move half the sum today, assuring me of not making the totally wrong decision, but enjoying the average of the "before and after" rates.
The polls today have moved back to where it is too close to call, after the absurd "sympathy bump" last weekend, so there is very real chance that the British public might actually take the right decision.
The polls today have moved back to where it is too close to call, after the absurd "sympathy bump" last weekend, so there is very real chance that the British public might actually take the right decision.
Last edited by Pulaski; Jun 22nd 2016 at 7:26 pm.
Jun 22nd 2016, 9:37 pm
#3
BE Enthusiast
Thread Starter
Joined: Jan 2014
Location: Kerikeri
Posts: 718
Re: Money transfer
Don't expect much of a bounce if Remain wins, and IMO it might be very short-lived. It may be already too late today for you to do anything, but if it was was me, I would move half the sum today, assuring me of not making the totally wrong decision, but enjoying the average of the "before and after" rates.
The polls today have moved back to where it is too close to call, after the absurd "sympathy bump" last weekend, so there is very real chance that the British public might actually take the right decision.
The polls today have moved back to where it is too close to call, after the absurd "sympathy bump" last weekend, so there is very real chance that the British public might actually take the right decision.
