Exchange Rates

Other topics that are not covered in the sections above.
anyroads
Andalucia Guru
Posts: 2100
Joined: Tue Apr 04, 2006 8:53 pm
Location: Hampshire, UK, Lebrija

Exchange Rates

Postby anyroads » Wed Aug 22, 2018 5:34 pm

Anyone have any idea where we are going ?.

BREXIT has not helped of course.

Bought a few Euros in town earlier at at just over 1.08, at Debenhams of all places. Hardly makes any difference to shop around at the moment, rates are so poor. One saving grace, I got a £5 voucher to go against my purchases in the store a few minutes later, which had already been discounted by 70%
( not sure what that says about Debenhams, or where they are going ! )

Every little helps as they say.

anyroads

Pamela1
Resident
Posts: 1084
Joined: Wed Jan 08, 2014 3:30 am
Location: Co Durham/ Granada Province

Re: Exchange Rates

Postby Pamela1 » Wed Aug 22, 2018 9:18 pm

Agree about the exchange rates! Debenhams could be going the same way as House of Fraser, i read they have several stores lined up for closure. shame it's got to this..

katy
Andalucia Guru
Posts: 11996
Joined: Thu Jun 24, 2004 3:45 pm

Re: Exchange Rates

Postby katy » Wed Aug 22, 2018 9:37 pm

Another currency firm went bust last week, many people lost large sums. Seems to have been mainly in the Algarve according to Sunday Times.
https://www.thetimes.co.uk/edition/mone ... -m9grxrldx

katy
Andalucia Guru
Posts: 11996
Joined: Thu Jun 24, 2004 3:45 pm

Re: Exchange Rates

Postby katy » Wed Aug 22, 2018 9:39 pm

Pamela1 wrote:Agree about the exchange rates! Debenhams could be going the same way as House of Fraser, i read they have several stores lined up for closure. shame it's got to this..


Debenhams has been going downhill for a few years. Shame about House of Fraser, always popped in there on my way to Victoria station. Everyone shops online now, more choice and easy returns etc

olive
Andalucia Guru
Posts: 3133
Joined: Wed Oct 12, 2005 7:13 pm
Location: Poniente, Granada

Re: Exchange Rates

Postby olive » Wed Aug 22, 2018 10:10 pm

I am thinking that the exchange rate is languishing in response to the utter uncertainty over where the B word is going. No deal? Hard Brexit? Dogs Breckers? Even softer dogs breckers? Will the EU bend even a little? What drama to the political scene will Autumn and conference season bring?

One thing for certain, there will be some fortunes made and lost in eight months time and it won’t be small currency exchanges.

TorreDelAguila
Resident
Posts: 1356
Joined: Thu Jan 23, 2014 11:52 am
Location: Sayalonga

Re: Exchange Rates

Postby TorreDelAguila » Wed Aug 22, 2018 10:15 pm

Instability (real or engineered) = Opportunity, for the casino market.
Productivity? Don't be silly...
Chris


Return to “General”

Who is online

Users browsing this forum: maureenscot and 1 guest