Pound in biggest monthly fall against the dollar since 2016...
- Thread starter ellal
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I think I read that the Euro is the weakest it’s been against the dollar for 20 odd years. Worth less than a dollar I think.
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What Stocks I have, are in dollars 
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The entire post was pointless imo
Just another blame it on those who voted brexit
It’s all there fault usual caper
From the anti UK brigade
Said person was leaving the UK at
One time
We all had the I have had enough fare we’ll speech mince
But for some reason decided to stay in the UK and soldier on
What a trooper a
Another fruit cake in here decided to move back to the UK from his beloved France
blimey what a trooper
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Just over a £1 a litre £ 509 for 500 litres compared to £210 in January this year . will last about three months if lucky .
I think I read pound is the weakest its been against the dollar for almost 40 years……
so despite a war neighbouring EU, pound is still doing way worse…..good old Brexit.
Pound hits fresh 37-year low against dollar
The pound dips after Russian president Vladimir Putin accuses the West of 'nuclear blackmail'.
www.bbc.co.uk
The euro hasn't been around for 40 years though so that's an odd thing to say.
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Indeed:
Lower £ means our exports get cheaper while imports get more expensive.
So our exports improve while the incentive to import stuff reduces as they get more and more expensive.
This overall is often better for our economy - at the expense of other economies.
This is why countries go for "competitive devaluations" and why other countries are furious when the country in question does it.
This is also why the BofE was in the recent past not raising interest rates and talking about transitory inflation and the rest. In short they were trying to keep the £ down by talking it down
Lower £ means our exports get cheaper while imports get more expensive.
So our exports improve while the incentive to import stuff reduces as they get more and more expensive.
This overall is often better for our economy - at the expense of other economies.
This is why countries go for "competitive devaluations" and why other countries are furious when the country in question does it.
This is also why the BofE was in the recent past not raising interest rates and talking about transitory inflation and the rest. In short they were trying to keep the £ down by talking it down
Wow. Rural areas also have poorer people. Oil was cheaper than bottled gas. Some use that too so I wonder how they will get on.
Fuel prices have decreased for cars etc but of late diesel is usually ~20p/L dearer.
Didn't myself see where notchy said that the euro had been around for 40 years...
Maybe you ought to go to specsavers?
You think so? Ok fine by me.
Do tell us...The entire post was pointless imo
Just another blame it on those who voted brexit
It’s all there fault usual caper
From the anti UK brigade
Said person was leaving the UK at
One time
We all had the I have had enough fare we’ll speech mince
But for some reason decided to stay in the UK and soldier on
What a trooper a
Another fruit cake in here decided to move back to the UK from his beloved France
blimey what a trooper
Is there a diynot troll school?
Because so many of you pop up spouting the same boring old b*llshit it can't be by coincidence
How quickly can you pass around that single brain cell, and what do you do when you are not in possession of it?
Oh silly me, I forgot...
You must then resume mod duties
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