Exchange rate

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03 Oct 2008 12:00 AM by danseex Star rating in Los Naranjos J4 n253. 652 forum posts Send private message

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Has anyone seen the exchange rate today? I knew this would happen now I have taken out forward contracts

Its up to 1.287 a 5 month High !

Oh well ................................


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03 Oct 2008 3:43 PM by ptan Star rating in Los Naranjos Jardine.... 1696 forum posts Send private message

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It could be worse.

Having sat and watched the exchange rate drop day after day for three weeks, guess which day I chose to bite the bullet and send over the manoey for the final payment,?  Yep Sep 3rd.  Now look at http://www.currenciesdirect.com/uk/british-pound-gbp-to-euro-eur.aspx  So all you out there that are rejoicing at the rising pound can thank it all on the tann effect.

Phil(Tann)

_______________________

 

Phil

Email: phil@naranjosuno.com

Web: www.naranjosuno.com

 

 

 

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