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Pound-Euro 2016
rilo57:
Guess i am lucky then..but its in black and white on my statemet...
Jimbo:
The pound/euro rate continues to get worse. The Interbank rate is down to 1.1692, and TravelFX rate is 1.1545
It's hard to see the probability of much change for several years, I think. The economy is not doing well, the Bank of England has cut interest rates, the uncertainty following the Brexit vote has no reason to change. San Stef remains very good value, of course, but not the wonder it was. In November £1,000 would have bought 1,400 euros - now it will buy 1,1545 euros. That's about 246 euros you can't spend.
Jimbo:
And it's still dropping. Interbank rate down to 1.1642 - TravelFX at 1.1474
Predictable - but Oh Dear!
Jimbo:
The pound has strengthened a little, with the Interbank rate today at 1.1718 - which means dosh on TravelFX has improved to 1.1566
swedebasher:
1.1748 as I do this.
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