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The Agora => UK & World News => Topic started by: Maik on Friday, 11 August, 2017 @ 19:42:32

Title: '£1 = 1€'
Post by: Maik on Friday, 11 August, 2017 @ 19:42:32

Quote

Brexit pain for holidaymakers as pound expected to fall further against euro
Investment bank Morgan Stanley predicts pound-euro parity by early next year

British holidaymakers should brace themselves for more Brexit pain when they change their pounds into euros, with a leading investment bank forecasting the currencies are on the way to parity.

Sterling is trading at €1.09 after collapsing from €1.31 on the day before the UK voted to quit the European Union in June 2016.

Morgan Stanley believes the dilapidated British currency has further to fall, and is pencilling in pound-euro parity in the first three months of next year, when £1.02 will buy just €1.

https://www.theguardian.com/business/2017/aug/11/brexit-pain-for-holidaymakers-as-pound-set-to-fall-further-against-euro

Title: Re: '£1 = 1€'
Post by: TonyKath on Sunday, 13 August, 2017 @ 20:45:56

 :oki: :(

Tony

Title: Re: '£1 = 1€'
Post by: HiFi on Monday, 14 August, 2017 @ 13:44:58

Just like it was a few years ago.
That had nothing to do with Brexit eiter......