Pound v.s Dirham
Apr 15th 2009, 9:00 am
#1
BE Enthusiast
Thread Starter
Joined: May 2008
Posts: 587
Pound v.s Dirham
Hi all,
Just wanted to gauge peoples thoughts on the exchange rate at the moment? The pound seems to be improving against the UAED, is this a trend likely to continue?
Looking to move a (for me) wedge back to the UK and small increaes mean a bit of a difference to be fair...
Thoughts and projections welcomed (and before you ask yes i am looking at a free bit if advice!!!!)
Just wanted to gauge peoples thoughts on the exchange rate at the moment? The pound seems to be improving against the UAED, is this a trend likely to continue?
Looking to move a (for me) wedge back to the UK and small increaes mean a bit of a difference to be fair...
Thoughts and projections welcomed (and before you ask yes i am looking at a free bit if advice!!!!)
Apr 15th 2009, 9:09 am
#2
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Pound v.s Dirham
economists seem to think that the pound will peak at $1.50, before quickly retreating to $1.30, which would mean get your money out now.
Although the same people were saying the pound would be at $1.30 by march, which hasn't quite happened, seems to be swings and roundabouts around $1.45.
In short, its a crystal ball call. Any big news economy wise will make currencies move - and that could happen either way.
Although the same people were saying the pound would be at $1.30 by march, which hasn't quite happened, seems to be swings and roundabouts around $1.45.
In short, its a crystal ball call. Any big news economy wise will make currencies move - and that could happen either way.
Apr 15th 2009, 9:13 am
#3
Bored liberal
Joined: Feb 2007
Location: Over there ----->
Posts: 13,713
Re: Pound v.s Dirham
FYI
Wholesale rates today
high low
GBP-AED 5.479 5.3899
GBP-USD 1.492 1.467
Sterling has climbed against the USD due to yesterday's US retail sales figures for March being worse than expected. Inflation and industrial figures are set to be announced later today.
-
Wholesale rates today
high low
GBP-AED 5.479 5.3899
GBP-USD 1.492 1.467
Sterling has climbed against the USD due to yesterday's US retail sales figures for March being worse than expected. Inflation and industrial figures are set to be announced later today.
-
Apr 15th 2009, 10:06 am
#4
Lost in BE Cyberspace
Joined: Sep 2006
Posts: 18,187
Re: Pound v.s Dirham
Hi all,
Just wanted to gauge peoples thoughts on the exchange rate at the moment? The pound seems to be improving against the UAED, is this a trend likely to continue?
Looking to move a (for me) wedge back to the UK and small increaes mean a bit of a difference to be fair...
Thoughts and projections welcomed (and before you ask yes i am looking at a free bit if advice!!!!)
Just wanted to gauge peoples thoughts on the exchange rate at the moment? The pound seems to be improving against the UAED, is this a trend likely to continue?
Looking to move a (for me) wedge back to the UK and small increaes mean a bit of a difference to be fair...
Thoughts and projections welcomed (and before you ask yes i am looking at a free bit if advice!!!!)
MM, xx
Apr 15th 2009, 11:23 am
#8
BE Forum Addict
Joined: Oct 2007
Location: Khaladiya Abu Dhabi
Posts: 4,181
Apr 15th 2009, 11:26 am
#9
Lost in BE Cyberspace
Joined: Jul 2007
Posts: 13,553
Re: Pound v.s Dirham
economists seem to think that the pound will peak at $1.50, before quickly retreating to $1.30, which would mean get your money out now.
Although the same people were saying the pound would be at $1.30 by march, which hasn't quite happened, seems to be swings and roundabouts around $1.45.
In short, its a crystal ball call. Any big news economy wise will make currencies move - and that could happen either way.
Although the same people were saying the pound would be at $1.30 by march, which hasn't quite happened, seems to be swings and roundabouts around $1.45.
In short, its a crystal ball call. Any big news economy wise will make currencies move - and that could happen either way.
It's now around 1.49. If he's sending money to the UK, a lower rate is better, so if it really IS going to 1.30, it's better to wait until it gets there.
I'm waiting for a weaker GBP, if that's any help............
Ignore comments from the likes of MM whose other half agreed to be paid in GBP........
Apr 15th 2009, 11:34 am
#10
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Pound v.s Dirham
ahig, what I meant to say was, if they are wrong and it goes the other way, its time to get your money out now..
why did I leave out that bit?
why did I leave out that bit?
Apr 15th 2009, 12:13 pm
#11
Lost in BE Cyberspace
Joined: Sep 2006
Posts: 18,187
Re: Pound v.s Dirham
MM, xx
