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The falling Pound.

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

  1. Bootsonground
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    Bootsonground Guest

    No thanks.. I have my own supply..Thank Goodness!
  2. kingrulzuk
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    kingrulzuk Active Member

    Hahahahh :)
  3. kingrulzuk
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    kingrulzuk Active Member

    1.00 GBP=66.6285 PHP
  4. kingrulzuk
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    kingrulzuk Active Member

    1.00 GBP=66.6285 PHP
  5. Jim
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    Jim Well-Known Member Trusted Member

    If it gets below 60, they can stuff it where the sun don't shine. time to come home, and start working again.:eek:
  6. kingrulzuk
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    kingrulzuk Active Member

    Its been going down this year. not a good news.
    I just hope this is just temp.
  7. Jim
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    Jim Well-Known Member Trusted Member

    Me too, I'm half-way building my dream house, works going to stop again if pound keeps falling.
    I'm only getting 65 at the moment. bank to bank
  8. kingrulzuk
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    kingrulzuk Active Member

    O dear not a good news.
    How much have u spend so far?
  9. Aromulus
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    Aromulus The Don Staff Member

    Did get slightly over 65, a few days ago........ Shocked is to say the least.
  10. kingrulzuk
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    kingrulzuk Active Member

    Why do you think its going down?
  11. Aromulus
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    Aromulus The Don Staff Member

    Number of things..........
    The Dollar and the Euro in nosedive....
    Philippines economy getting slightly stronger.

    But most importantly, is the amount of remittance that the OFW keep sending home every day..........

    But what do I know......???
  12. kingrulzuk
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    kingrulzuk Active Member

    Aye u r right there.
  13. Dave_E
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    Dave_E Well-Known Member Trusted Member

    Meanwhile the British pound is at its highest level against the Euro since 2007.

    Currently at just under 1.39.
  14. Aromulus
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    Aromulus The Don Staff Member

    It is a big relief for brits going over on holiday, but a big nightmare for british exporters trying to make a living for their workers so that they can have such holidays.....

    catch 22..............
  15. kingrulzuk
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    kingrulzuk Active Member

    Aye i agree. i think it will go up to 1.50 for a pound.
  16. Bootsonground
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    Bootsonground Guest

    The economy here is growing..Has been for a few years..OFW cash is consistent no matter the rate..24 Billion $$`s last year!
    Its good for me in one way as we earn Pesos but bad in another that our customers dont..
    Something has to give.
  17. kingrulzuk
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    kingrulzuk Active Member

    Do u have a business or something?
  18. Bootsonground
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    Bootsonground Guest

    Siempre!
  19. Aromulus
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    Aromulus The Don Staff Member

    An inexaustible supply of lead lined boxes full of gold and currency buried by the Japanese in the jungles of Luzon........
  20. Bootsonground
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    Bootsonground Guest

    Dont you worry about that..Its buried where you cant find it!

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