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Euro rate at moment. |
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 26651 |
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I recall the rate briefly going below 1 : 1 so not yet all gloom and doom, but there is no escaping the fact that Europe in general is in for a hard winter of rising prices, shortages and strikes. Not to mention an ongoing war.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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Richardk ![]() Senior Member ![]() Joined: 29/July/2008 Status: Offline Points: 760 |
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Its been a lot worse - around parity pound to euro back around 2009/10. It wasn't that long ago 1.12/13 so not the end of the world but makes a good news story
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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yes ... we`re all doomed ... under 1.16 ... according to th Beeb ...
" Worries over the prospects for the UK economy led the pound to slide by about 5% against the US dollar in August. The last time the pound fell so much against the dollar was in October 2016, in the aftermath of the Brexit vote. Sterling sank again on Thursday morning, dipping below $1.16 on the currency markets. Analysts said the fall reflects the darkening outlook for the economy, with consumers and businesses facing rising prices and soaring energy bills.The Bank of England has predicted the UK will fall into recession towards the end of this year. |
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Pyrman
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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pound on a bit of a slide today 1.177 ... Ramsdens showing 1.163 but that may go down too.
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Pyrman
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Gazza ![]() Regular ![]() ![]() Joined: 11/July/2018 Location: Newcastle Status: Offline Points: 164 |
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Sterling will go up against most currencies for a short period of time when the BoE hikes up interest rates.
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Take only memories, leave only footprints
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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Went up to 1.20, but now up and down around 1.185 ... Ramsdens on the High St .. 1.164
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Pyrman
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S1gh ![]() Senior Member ![]() Joined: 14/August/2011 Location: West Yorks UK Status: Offline Points: 474 |
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I saw it at 1.17 on the high street today (cash)
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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Pound has jumped to 1.1967 today ... think I might buy some euros ..
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Pyrman
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Skiddy ![]() Newbie ![]() ![]() Joined: 14/April/2021 Location: Male Status: Offline Points: 29 |
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Bought our place in albufeira in 2016 @ 1.41
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cubsur ![]() Moderator Group ![]() ![]() Joined: 26/January/2006 Status: Offline Points: 26651 |
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Or 1.44 when I bought my place in 2005.
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Albufeira Resident
www.algarvebus.info public transport information for the Algarve |
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Gazza ![]() Regular ![]() ![]() Joined: 11/July/2018 Location: Newcastle Status: Offline Points: 164 |
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Cant see Sterling ever reaching the dizzy heights of €1.30 which it was prior to 23rd June 2016.
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Take only memories, leave only footprints
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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Pound holding up well ... 1.1765 over the weekend ..
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Pyrman
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AJSUGGY ![]() Regular ![]() ![]() Joined: 11/April/2020 Status: Offline Points: 226 |
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Its the bank interest rise in the uk that caused that up 0.25 of a %
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suggy
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pyrman ![]() Top Contributors ![]() ![]() Joined: 06/December/2012 Location: Kilmarnock, Sco Status: Offline Points: 1127 |
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Shot back up to 1.172 ...
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Pyrman
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AJSUGGY ![]() Regular ![]() ![]() Joined: 11/April/2020 Status: Offline Points: 226 |
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Official bank exchange rate was down to 1.156 yesterday morning
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suggy
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