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UK pound holding it's own (Phew)

Discussie in 'Banking - Investing - Finances' gestart door Jack Peterson, 4 jun 2015.

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  1. Cletus

    Cletus DI Forum Adept Showcase Reviewer

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    The weaker pound should help exports so it could be a positive, at least for exporters and relayed businesses.
    From what I understand the Euro is the one that could completely disappear over time with the Quitxit vote in Italy scheduled for early Dec 4. Some pundits are saying this will be the end of EU, but then again they say that quite often.
     
    Cletus, 1 nov 2016
    #21
  2. DavyL200

    DavyL200 DI Forum Luminary ★ Global Mod ★ ★ Moderator ★ Highly Rated Poster Showcase Reviewer

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    I really hope it is the end of the eu,the sooner the better! For anyone selling up here in the next year will get a great exchange rate going back from peso to the pound.
    The pound has been over valued for years now anyway.
     
    • Informative Informative x 1
    DavyL200, 1 nov 2016
    #22
  3. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    I agree and am always surprised to see the currency of a failing institution... the EU ... doing relatively so well. It means that when the balloon goes up it will go very high!
     
    Notmyrealname, 1 nov 2016
    #23
  4. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    So very correct .... even without Brexit the pound was due to fall. The UK is a broken nation. It is very true that assets in Phil will give a good return when sold and converted to sterling BUT who would want to return to the UK ???
     
    Notmyrealname, 1 nov 2016
    #24
  5. OP
    OP
    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Ahh! now there is a question but any one having payments from the UK will loose where as any one that relies solely on Income from the PI will be at an advantage if it falls any Further.
    Some may Rue the Day they say Bye Bye Europe
     
    • Agree Agree x 1
    Jack Peterson, 1 nov 2016
    #25
  6. OP
    OP
    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Today was my Small pension day and it came in at 63.11 via PNB so I am still reasonably happy :greedy::thumbsup:
     
    Jack Peterson, 2 nov 2016
    #26
  7. Cletus

    Cletus DI Forum Adept Showcase Reviewer

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    Can anyone say BUBBLE POP?
     
    Cletus, 3 nov 2016
    #27
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