What will the £/Euro exchange rate be on Nov 1 2019

ashenfie

Every country been trying really hard to drive their currency down it what central banks do. EU negative interest rate policies are killing finance and banks in Europe just look at which banks are fire people.

The us are looking at increasing interest rates and as every thing is bought and sold in dollars the worlds reference currency I don’t really care about the euro.

The policies of the us will therefore effect us more than the eu. So not being linked to euro has stopped being like Greece or Italy. Maybe further separation will help more.

The German economy has already seen a 10 turn down and so the scare mongers in Europe might get a nasty backlash

Sonic67

...or can be from the UK and a rising wage makes it more attractive.
And farm equipment is pretty much a one off purchase and we make it here.
And no reason why it can't be UK sourced and a continued low pound also encourages more local UK business to set up to produce it and then to supply it abroad.
Only if you are driving trucks around the EU and using EU transport and fuel.

Possible if your exports to the EU have picked up as a result of your goods now being more attractive.
Seems not.

ghrh

We are here to serve you. Good to see roles reversed for a change. Rumour has it that some car washes don't accept payments in pound sterling any more.

ghrh

Sonic67

Why? Greece, Spain etc were benefiting from tourists going from the UK and spending their money there.

You are now against countries who are financially struggling and were relying on tourism and you want to see them suffer now?

ghrh

Of course I am not against the UK relying on tourism. Brings a new meaning to controlling borders and economy.

Sonic67

How does that work?

ghrh

I though you agreed with your post?

Bl4ckGryph0n

Yes exactly. What does that mean?

ghrh

Isn't the depreciation of the pound the reason behind the increase in tourist numbers?