ChatterBank2 mins ago
Pound To Rise Or Fall ......what Is Your Thoughts
1 Answers
i need transfer 70-90k from euro bank to UK bank in next 2 months so ......
it will benefit me for the pound to fall dramatically, when ?
and of course i know no one has a crystall ball !
but what are your thoughts ?
it will benefit me for the pound to fall dramatically, when ?
and of course i know no one has a crystall ball !
but what are your thoughts ?
Answers
Only 1 answer
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It's anybody's guess in the short term, any change is likeliest to be a matter of cents/pence either way over two months - but of course might be greater. For what it is worth, the Pound has been falling in value against all major currencies for 50-70 years, sometimes rebounding for a time but it has overall been relentlessly downward. Personally I would not put any money into Pounds until I absolutely had to and then as late as possible and as little as possible. If it is money that for some reason has to be moved out of Euro but not necessarily into Pounds then I would choose something else.
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