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Pound-Euro 2016

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Andy7:
If Remain had won the pound would be 1.40 against the euro now.

This Brexit is a disaster for my holiday plans and will cost me an extra £500 going to San Steph and Lanzarote during 2016.

Jimbo, we agree on this one, it's a bloody nightmare that can only get worse.

Andy

Jimbo:
I think it's a case of United We Fall!

As I said earlier, the euro rate is not a particularly good indicator because it has had a devaluation against the dollar as well. Anyway, this is not really the topic to debate the rights and wrongs of Brexit apart from how it affects people buying holiday money. The fact is that the UK has now lost its AA+ or AAA rating by most major credit agencies. Given the vast economic clout of the EU, I suspect that the euro will recover more quickly than sterling, in which case the rate will get worse.

Kernowfox:
Tis true tis pity tis true

Jimbo:
Ah well - If we're going to start quoting Shakespeare, Polonius goes on to say:
"For this effect defective comes by cause."

Kernowfox:
Fair enough
Never had this problem with the old drachs
Let's put things in perspective - I'm just going to have go down to 10 star metaxa

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