Quote:
Originally Posted by Mick
The £ vs $ is higher than it's ever been since brexit. Currently $1.34 to the £1. This is on the news that interest rates may increase next month, after they were held today.
This time 10 years ago. When I went to US for a month, the exchange rate was $2 to the pound.  |
Didn't get much value for my devalued pound on the continent last week ! Interest rate increases might mean trouble for anyone with a mortgage or loan, aswell as increasing inflation. Hard times ahead, all part of the Brexit dividend. Fortunately paid my mortgage off long ago.