A truly dreadful rate

I’ve seen the mini revival reported, but crashing to historic lows since decimalisation during a national crisis was always going to make headlines

I see interest rate estimates have lowered a bit too with the income tax u-turn. Hopefully no more royals die soon and the pressure on KK can be eased 🤞

Posted By: SCC 28 on October 5th 2022 at 17:40:40

Message Thread

I see the pound has dropped again since Thick Lizzie spoke (n/m) (General Chat) - jamesward, Oct 5, 16:01:39
- Hmm 1.15 to 1.15 (General Chat) - Sonic, Oct 5, 18:53:36
  - That’s the euro lol (General Chat) - SCC 28, Oct 5, 19:00:44
    - No it hasn’t. See the data (n/m) (General Chat) - Sonic, Oct 5, 21:49:48
- Logs on, checks market data, rolls eyes, logs off... (n/m) (General Chat) - Timmy_Goat, Oct 5, 17:35:38
  - Well it has so not sure what you’re on about (n/m) (General Chat) - jamesward, Oct 5, 17:58:26
    - Sterling has 'plunged' from €1.147 to €1.145? (General Chat) - Timmy_Goat, Oct 5, 19:19:57
      - Was talking against the dollar (General Chat) - jamesward, Oct 5, 20:46:49
        
        Every currency has fallen against the dollar (General Chat) - Timmy_Goat, Oct 5, 21:22:46
        
        Not many have falled 25% in a around 7 months (n/m) (General Chat) - Cable Gap Pioneer, Oct 5, 22:04:13
- It’s at 1.13 US to GBP currently (General Chat) - JoeyDeacon, Oct 5, 16:56:25
  - maybe because it was at £1.36 on this day last year (General Chat) - Cable Gap Pioneer, Oct 5, 18:45:30
    - Was also 1.36 less than 8 months ago (n/m) (General Chat) - SCC 28, Oct 5, 18:49:38
      - Yes, apparently not convenient to mention that in this 'recovery' (n/m) (General Chat) - Cable Gap Pioneer, Oct 5, 19:57:50
  - I was talking about today though (n/m) (General Chat) - jamesward, Oct 5, 18:00:39
  - After the intervention of the BoE. (n/m) (General Chat) - The Gaffer, Oct 5, 17:41:27
    - You could argue a large part of the reason the pound sunk so low was down to the BoE (General Chat) - JoeyDeacon, Oct 5, 17:49:07
      - The pound sank because the goverment pledged both tax cuts and spending (General Chat) - Knitted Jesus, Oct 5, 18:01:26
  - A truly dreadful rate (General Chat) - SCC 28, Oct 5, 17:40:40
    - Kim Kardashian? (n/m) (General Chat) - Ken Breadstick, Oct 5, 18:14:28

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