Just when you thought it had hit rock bottom...

[preiffer]

Yup, that's right folks, the BASE rate is now $1.36 : 1 [:0]


So, nice one Gordy & Darling... [ii]



OUCCCCCHHHH.

[Scrooge]

Bugger, I better start buying some sterling.

I should change some of my Dollars that I have! [^]

[honey lamb]

1 Euro = £0.92 [:D] (and I'm buying a laptop next week in sterling [y])

[ChuckC]

$1.36 you say? Sounds fine from here.[}:)]

Chuck-

It's back up to just shy of 1.40 now although I expect it'll bounce around a bit for some time to come until a bit of confidence returns to the markets.

Bloody bankers and politicians, proof that stupid people can achieve anything if they put their minds to it.

Miopyk [8D]

quote:Originally posted by miopyk

Bloody bankers and politicians, proof that stupid people can achieve anything if they put their minds to it.

Miopyk [8D]


Couldnt have put it better myself.

Seems to me its the media and the opposition along with numpty bankers and speculators that are screwing us up more than the government.

Personally I think the banks should just write off their own bad debts and not be given my money for their own stupidity.

[mcmbenjamin]

quote:Originally posted by preiffer
Yup, that's right folks, the BASE rate is now $1.36 : £1 [:0]

OUCCCCCHHHH.


YEAHHHHHH!

Just transferred a good deal to my GBP account. Do I hear a $1.1:£1 rate in week to shoot up to a $2.1:£1 in a few months... I hope![:)]

[mcmbenjamin]

Similar rates from around 1987 after a quick look at some charts.

[buns]

Ouch[:0]

Puts paid to a quick end to 'Fuel Charges' then[:(!]

Won't stop me travelling to the US though[:D] Only I will hang back on booking hotels for the moment

buns

Am resisiting very strongly to enter into this whole debate about 'silly bankers' etc. So I will not.

As for the Dollar rate, it will begin to creep back up. On the plus side, we may begin to see an increase of tourists from the States, which will be a good thing for the economy.

[Neil]

Best tourist rate today is £1.34 [:0] Not good at all for those with trips planned in the not to distant future (ie, me[ii]), but like James said, it will not stop us travelling to the US, just means we will probably buy less than usual when there.

Neil

[Darren Wheeler]

Hopefully it will crawl back up by May. As Neil says, won't stop me going but no longer a shopping-fest. At least hotel prices have dropped some so that cushions the blow.

I've just paid half of my apartment rental in dollars. Hopefully it will have improved by the time the balance is due!

[preiffer]

quote:Originally posted by Darren Wheeler
Hopefully it will crawl back up by May. As Neil says, won't stop me going but no longer a shopping-fest. At least hotel prices have dropped some so that cushions the blow.

You'd be surprised. Despite the exchange rate, when stores are regularly offering 70% off retail price, it's STILL quite an attractive offer.... [;)]

[Scrooge]

Dude you have no idea, we did a little shopping raid at the fashion show this weekend.

Jenn picked up a new bathrobe at Neiman Marcus for $12....retail price $600 [:0]

Unless your in a few select industries the thing retail companies are doing right now is just slash everything and generate cash flow, America has stopped spending money, hell even we are down 25 % year over year [:#]

[Scrooge]

Of course I am also noticing that even though the pound has lost 30 % of it's value in the last few months against the dollar, the airfare from LAX - LHR has not gone down [n]

Been spolit with the cable being @ 2.04,although a bit low at the moment it is a more relistic rate,I did not think it would go this low though,and was looking to buy @ 1.70 then 1.60 then 1.50 so looks like im chasing the market down! will wait for a few more weeks until things settle down and then hope its not to much lower then it is now

Oh gawd.
£1 = $1.3550

[Darren Wheeler]

and that's not the tourist rate either [:0][:0]

[Neil]

quote:Originally posted by Darren Wheeler
and that's not the tourist rate either [:0][:0]


Best tourist today is $1.33 although it goes as low as $1.30 at some places[n]

[Darren Wheeler]

Just wait until the recession bites in Europe. France and Germany will have to bail out the Spainish and Greeks causing the Euro to be dumped in favour of the Pound. At least the £ is in the control of one country.

At least hotel prices in NY have come down a bit.
I'll be staying in a good room in a nicer hotel that I normally stay in for about $100 cheaper.

Still the loss against the dollar will probably all but cancel this out....

quote:Originally posted by Darren Wheeler
and that's not the tourist rate either [:0][:0]


You can get it here: http://www.fairfx.com

But you need to load it onto a prepaid card first.