Transferred some CHF to my sterling account at the weekend - should have waited a few days.
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Pound sinking - deflation expected
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Originally posted by Pondlife View Post£1 = €1.2141
<alan partridge>
Back of the net!
</alan partridge>
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At least the £ is holding firm against the zloty and Romanian LeiLet us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Originally posted by DodgyAgent View PostAt least the £ is holding firm against the zloty and Romanian Lei'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
Nick Pickles, director of Big Brother Watch.Comment
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As long as its not going down agains the Remini then we'll still get our cheap goods. And UK IT will start to look cheaper to the American's...maybe we can finally start exporting again!McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
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Originally posted by SantaClaus View PostWe may see 1.4 against the dollar by the end of today.
Yes, I'm short since 1.5400I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
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Originally posted by lilelvis2000 View PostAs long as its not going down agains the Remini then we'll still get our cheap goods. And UK IT will start to look cheaper to the American's...maybe we can finally start exporting again!ǝןqqıʍComment
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Originally posted by DiscoStu View PostShame we've hardly got anything worth exporting
Except all the patents have expired and the workers laid off.Comment
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I dont think so
Originally posted by SantaClaus View PostI guess we'll be looking for jobs in Eastern Europe soon anyway
http://www.telegraph.co.uk/finance/f...s-deepens.html
Looks like Russia is going to be in the dwang as well. Well characteristically, the Kremlin have dispatched the police to deal with any "dissenters" so I guess unlike the whinging UK the Ruskys will just have to grin and bear it.There are no evil thoughts except one: the refusal to thinkComment
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£ below EUR 1.22 right that's it I'm getting all pound assets out.
it don't look good, the rate of declining is steepening.
Bank of England official view is that a declining pound is OK.Last edited by BlasterBates; 12 November 2008, 11:54.I'm alright JackComment
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