David on 17/4/2007 at 09:16
For the first time since 1992 the GB pound has (briefly) broken through the US$2 barrier (
http://news.bbc.co.uk/1/hi/business/6562743.stm) according to the BBC.
It was fairly short lived and is now hovering at £1 = $1.9983.
Good news for UK peeps going to America in the near future, but bad news for exporters it seems.
Cheap electronics for me when I go to California this year! :p
scumble on 17/4/2007 at 10:05
That'll be handy for me also. It will be interesting to see if the pound might stay above $2 for an extended period or keep going this time, indicating the relative speed of dollar inflation. The euro doesn't appear to be gaining against the dollar though. I found (
http://charts.xe.com/freechart) this quite handy to play with.
Aerothorn on 17/4/2007 at 15:19
Goddamnit. I hate this country and it's economic tomfoolery.
Most of the music I tend to want to get either has to be imported from Britain or Japan - and with both the pound and the yen constantly on the rise it is very costly.
Starrfall on 19/4/2007 at 00:42
Quote Posted by David
Cheap electronics for me when I go to California this year! :p
Well there's no electronics here also beer costs 17 dollars so you won't save any money mister smarty.