Pound at lowest rate for 30 years

Discussion in 'Open Forum' started by fettlebox, Jun 24, 2016.

  1. fettlebox

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    Now is a good time to stock up on parts from The Fettlebox for many folk around the world while the pound is so low after the UK's decision to leave the EU.

    The Fettlebox is keen to play it's part in growing UK exports!

    Don't forget 10% discount code for members under the banner here

    Next business day shipping.
     
  2. Cigarman

    Cigarman Subscriber

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    Order's in :)
     
  3. John

    John United States Subscriber

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    Whether the Pound's up or the pound's down, you will always be my supplier.
     
  4. phaedrus42

    phaedrus42 Subscriber

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    Unfortunately for me the Rand fell even more than the Pound :cry:
     
  5. David Shouksmith

    David Shouksmith United Kingdom Founder Member

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    Last night I read/heard somewhere that the Pound had fallen against the Dollar but maintained its rate against the Euro.

    Unfortunately, oil prices are in dollars and I bet the oil companies are quick to increase our prices but slow to bring them back down. Nothing changing there, then... :rage:
     
  6. Derek

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    The Pound has been said to have been artificially high for a while, and speculation thought that Remain would win keeping it up. When it went the other way they all started selling GBP/USD going from $1.48 down to $1.32 (roughly) between midnight 23rd to 05:22 24th. But has stabilised at $1.36 as at 21:52. The GBP/EUR was a similar story.

    Brent crude went similar; $51.20 down to $48.12, then up to $48.90 same time span. Oil went to $146 a while back, and we were paying £1.36 a litre, then down to 96p a litre. Now it's £1.13ish. Work that one out!
     
  7. Claus C

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    Will the scottish pound maintain the price or did that currency loose the independence too :?:

    Claus C
     
  8. David Shouksmith

    David Shouksmith United Kingdom Founder Member

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    :-s :? The Scottish pound? - never heard of it...
     
  9. Derek

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    It's like the English one, but prettier. It's got a bridge on it. Though they might have blown it up by now.

    I wonder how the Cornish coin is doing . . .
     
  10. spiritburner

    spiritburner Admin

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    See plenty of Scottish fivers & tenners but their paper pound is long gone. All GB sterling though of course!
     
  11. David Shouksmith

    David Shouksmith United Kingdom Founder Member

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    Yes, that was my point... :)
     
    Last edited by a moderator: Mar 31, 2017
  12. spiritburner

    spiritburner Admin

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    I know... ;)
     
  13. David Shouksmith

    David Shouksmith United Kingdom Founder Member

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    Ah, I know you know but does Claus know... ;) :lol:
     
  14. spiritburner

    spiritburner Admin

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    ;) I hope so - that's why I was less cryptic.
     
  15. Claus C

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    Thanks for the straight answer.
    I didnt know, if the scottish pound had its own value.
    I knew it was same value as the English pound, but didnt know if Scotland had their own rules behind this currency.
    So Scotland is also going to feel the English Brexit I guess :roll:

    Claus C
     
  16. David Shouksmith

    David Shouksmith United Kingdom Founder Member

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    Nothing I've heard of, other than 'spend as little of it as possible (and preferably none)'... ;) :lol:
     
    Last edited by a moderator: Mar 31, 2017

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