Thread: Brexit: Article 50 Has Been Triggered !
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Old 24-08-2017, 22:09   #2674
1andrew1
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Re: Brexit: Article 50 Has Been Triggered !
Quote:
Pound to euro exchange rate: Brexit fears see sterling slump to eight-year low
Sterling slumped to an eight-year low against the euro on Wednesday, which experts put down to Brexit uncertainty and stronger than expected growth in the eurozone economy.
The pound was down 0.5 per cent to 1.083 versus the euro as the London market closed, hitting its lowest level since October 2009...
Southampton airport had the worst exchange rate where customers were offered just 0.872 euros to £1. For every £1,000, travellers would get just 872 euros.
https://www.standard.co.uk/news/uk/p...-a3618891.html

Hopefully the £ will rise a bit after the Conservative Party Conference. The rumours are that Boris who has been extremely quiet of late will make a leadership challenge. This is damaging an already-weak £ taking it back to levels only seen during the Financial Crisis.
Last edited by 1andrew1; 24-08-2017 at 22:21.
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