Originally posted by CryingSheep
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Anyway, we've all drifted way off the original subject about the £ exchange rates. Generally the UK populace is much better off now than when £1 = $4. So my contention is that exchange rates in the long term are not that important. In the short term yes, because individuals and companies may suffer as a result of sharp spikes. This country hasn't become bankrupt because the £ is only = $1.2 now.
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