British Pound plummets to record low against the Dollar. The Euro also hits a 20-year low against the Dollar.

14 comments
  1. Oil price is decreasing too!

    The dollar has overtaken the euro also – 0.95. Luckily I made my purchases online last week

  2. Is this because of oil prices? Oil is traded in dollars, and the price of oil goes up. More dollars are needed to buy oil so demand and therefore the value of dollars goes up.

  3. Is this not a great thing for the UK. During the last recession the countries that devalued their currencies did well as it was great for their exports.

  4. Yeah, the EU interventions back in 2010 ish caused a 10 year recession across the block. The better off countries like Germany not so bad but likes of Greece & Ireland were hammered.

  5. You’d save 100-200 euros by buying an iPhone of Amazon than apple.com/ie.

    Just wondering if anyone knows any drawbacks (warranty, available bands) when buying an iphone from Apple’s store in Belfast compared to the shop in Ireland. Amazon wait times are 1-2 months for the models am looking for so that’s a no.

  6. The UK just keep making baffling decisions. I can’t wrap my head around it, if I assume they’re evil and out for personal gain then I would hope that they realise they’re damaging their own long term prospects. If they’re *this stupid* then I wouldn’t expect them to be clever enough to line their pockets in the short term, which they are doing.

    I just can’t get my head around it like.

  7. Let it sink! I get disability from my time in the US Army, paid in dollars every month. I was losing out big time with the old exchange rate. I might screw in another lightbulb in my hovel. Look at me bitches, I’m rich!!

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