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Old 23 April 2008, 11:20 PM
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RAJ27
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Default UK Exchange Rate

Why is it so low? The interest rate in the UK is still relatively high (especially against the US and Japan), but it seems that the Pound is near rock bottom with every currency going. What other factors could be making the pound so weak?
Old 24 April 2008, 05:55 AM
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NACRO
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Put simply the reason is that the UK economy is in the toilet.

One reason why those of us with our assets now in Euro are feeling very, very smug indeed.
Old 24 April 2008, 10:08 AM
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rik1471
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Originally Posted by NACRO
One reason why those of us with our assets now in Euro are feeling very, very smug indeed.
Thaaaaaaaaanks

Old 24 April 2008, 11:00 AM
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Originally Posted by rik1471
Thaaaaaaaaanks

Record all time smug levels over here on the mainland.

You can keep the Toyonda Pious though.
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