soon it will be GBP=USD=EUR=CHF
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GBP - How low will it go?
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Quite glad I had to cancel my holiday earlier this year. That little wad of Croatian Kuna I never got round to taking back to the bank will be worth a fortune.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
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Originally posted by xoggoth View PostQuite glad I had to cancel my holiday earlier this year. That little wad of Croatian Kuna I never got round to taking back to the bank will be worth a fortune.“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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I am now insisting on payment from UK clients in hard currency. They don't seem too enthusiastic, only one client, *** UK has agreed - seems they have a lot of EUR. I am having to drop the UK clients as I cannot factor any GBP invoices to them invoices anymore due to DB's concerns on the future FX rates and the seasonal nature of my business.
Interestingly the Swiss seem very happy to be invoiced in EUR still as opposed to CHF. My Russian and Chinese clients will pay whatever it takes in whatever currency as long as it is handed over in an fat envelope.
I am only an SME with a 7 figure turnover & low 6 figure profit. I am really wondering what happens when the big boys start insisting on hard currency.Comment
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Originally posted by Andy2 View Postsoon it will be GBP=USD=EUR=CHFComment
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Ukrainian Hryvnia is doing very well against the pound
a country that wants to join the EU and has a free trade agreement vs a country that wants to leave without any deal
See it all here:
XE: GBP / UAH Currency Chart. British Pound to Ukrainian Hryvnia RatesСлава Україні! Героям слава!Comment
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Originally posted by MasterBait View PostUkrainian Hryvnia is doing very well against the pound
a country that wants to join the EU and has a free trade agreement vs a country that wants to leave.without any deal
See it all here:
XE: GBP / UAH Currency Chart. British Pound to Ukrainian Hryvnia RatesOld Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by clearedforlanding View PostI am now insisting on payment from UK clients in hard currency. They don't seem too enthusiastic, only one client, *** UK has agreed - seems they have a lot of EUR. I am having to drop the UK clients as I cannot factor any GBP invoices to them invoices anymore due to DB's concerns on the future FX rates and the seasonal nature of my business.
Interestingly the Swiss seem very happy to be invoiced in EUR still as opposed to CHF. My Russian and Chinese clients will pay whatever it takes in whatever currency as long as it is handed over in an fat envelope.
I am only an SME with a 7 figure turnover & low 6 figure profit. I am really wondering what happens when the big boys start insisting on hard currency.
Dollars or Euros only. Your Sterling is no good here.Comment
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EUR is about 15% overvalued at the moment.
GBP unlikely to fall below USD parity.
USD is likely to strengthen into 2020.
GBP was already too strong, Brexit is doing us a favour.Comment
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