UK Exchange Rate
#1
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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?
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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.
One reason why those of us with our assets now in Euro are feeling very, very smug indeed.
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alcazar
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18 September 2015 11:49 PM