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The falling Pound.

Discussion in 'Money Matters' started by Bootsonground, Jan 20, 2015.

  1. Jim
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    Jim Well-Known Member Trusted Member

    Yep, not good at all. Seems to stick around 67/68
  2. kingrulzuk
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    kingrulzuk Active Member

    I agree jim. im going to PI in May so hope i get good rate
  3. Markham
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    Markham Guest

    Selling Pounds at 65, buying at 70 today at HSBC
  4. kingrulzuk
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    kingrulzuk Active Member

    What a rip off. Did you ask HSBC how to join their Rich tax avoidance club?
  5. Markham
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    Markham Guest

    That rate is probably the best you'll get and if you're a customer, you don't pay commission. In any event exchange rates are set by BSP which manipulates the market somewhat.
  6. oss
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    oss Somewhere Staff Member

    What's the current mall money changer rate in the Phil's?

    Going on past personal experience wherei live over there I would guess about 66.5 in our local shop.
  7. Jim
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    Jim Well-Known Member Trusted Member

    that's about right Jim.
  8. kingrulzuk
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    kingrulzuk Active Member

    1.00 GBP=67.8429 PHP
    Todays Rate
  9. Markham
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    Markham Guest

    I paid my (HSBC) credit card today using online banking and the Pound's sell price was 67.40. A couple of hours later I withdrew some cash from my Sterling account and the (HSBC) cashier came up with a rate of 67.25. This was a bit better than either of the forex booths in SM who were offering 65 but not as good as in Manila this morning when a rate of 68.41 was on offer.
  10. kingrulzuk
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    kingrulzuk Active Member

    Do they charge for the service in manila?
  11. Markham
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    Markham Guest

    Probably yes.
  12. kingrulzuk
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    kingrulzuk Active Member

    How much do think?
  13. kingrulzuk
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    kingrulzuk Active Member

    1.00 GBP=67.9586 PHP
  14. kingrulzuk
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    kingrulzuk Active Member

    Its not looking good 1.00 GBP
    =
    67.7386 PHP
  15. kingrulzuk
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    kingrulzuk Active Member

    O dear its going down day by day :(
    1.00 GBP=67.2961 PHP
  16. kingrulzuk
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    kingrulzuk Active Member

    1.00 GBP=66.9254 PHP
  17. Markham
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    Markham Guest

    £1 = Php67.76 at HSBC Davao City today.
  18. kingrulzuk
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    kingrulzuk Active Member

    Not bad :)
  19. Bootsonground
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    Bootsonground Guest

    "Might be a good time for me to start buying Pounds"

    Might be a good idea to start earning Peso`s!
  20. kingrulzuk
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    kingrulzuk Active Member

    You can buy from me sir i will take just 70php for a £1 :)

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