Cyprus-Forum.com

[bill cobbett]

Sterling at mid-rate 1.15.4E as of posting.

http://www.xe.com

At this rate I'll be able to afford half a cup of coffee in Pathos Harbour this Summer!

Sorry I mean Paphos.

[Z4]

Sterling at mid-rate 1.15.4E as of posting.

http://www.xe.com

At this rate I'll be able to afford half a cup of coffee in Pathos Harbour this Summer!

Sorry I mean Paphos.

Yeah but you wont be able to afford a cake to go with it

[Jerry]

Sterling has began its long awaited recovery in earnest both against the Euro and against the US $ .
The Stg / Euro rate at this moment , that's the MMR stands at 1.135 .Shouldn't be long , and in time for the tourist season , for stg to climb up to the 1.20 mark . Hope.

The legend Milti and his predictions, priceless!!!

Since most of my stock either comes from China or Europe I naturally want to see sterling rise . Our BoE interest rate at half of one percent can only go up , I know that mortgage payers have benefited but believe me NOT ONE SINGLE SMALL BUSINESS HAS SEEN ANY BENEFIT FROM THE RATE REDUCTION SINCE IT HAS NOR FILTERED THROUGH.
I want to see our industry , the Hospitality which includes Restaurants Hotels , Public houses recover , I want to see people start enjoying their money , or their borrowed money from the Credit card sharks once again.

Sterling has had a bad run and its high time it rises to its proper level .

When I hear some financial wizards telling the public that a low pound helps our exporting companies I ask my self which bloody exports , our cars , our computers , mobile phones , or perhaps our TVs and sound systems !! We make none , they are all imported , what we used to be very good at was Insurance and Banking , not any more !
I almost forgot , our wonderful speed cameras , all made in China !!!

Milti, you are very wrong about car exports. Yes we don't make Austins and Rovers any more but we do export a huge number of foreign named cars plus Jags, Land Rovers and Minis. Foreign owned but creating wealth for hundreds of thousands in the UK. I heard a program on the radio a few days ago and was surprised how important car making still is to UK economy.

However British entrepreneurs would much rather buy and sell goods than profit from manufacturing - which is why we have over capacity in the high street and shops are closing. Guess what they are doing to the former Longbridge car factory site - that's right another shopping centre!

Sterling will rise against the Euro because of the shit state of our economy. The chancellor will have to borrow money to prop up the economy, he can't possibly raise it all by taxation. To borrow money he has to put interest rates up on Govt securities and this will draw in foreign cash. We will be paying for 10 years of easy money for the next twenty years, a new take on the words false economy.

[CBBB]

Sterling at mid-rate 1.15.4E as of posting.

http://www.xe.com

At this rate I'll be able to afford half a cup of coffee in Pathos Harbour this Summer!

Sorry I mean Paphos.

Pathos!!!! Bloody foreigner!!!

[bill cobbett]

Sterling at mid-rate 1.15.4E as of posting.

http://www.xe.com

At this rate I'll be able to afford half a cup of coffee in Pathos Harbour this Summer!

Sorry I mean Paphos.

Pathos!!!! Bloody foreigner!!!

I really wanted to type.... Paphos, and if you want to see a decent and much more attractive harbour wait to visit a Free Kyrenia Harbour, Harbour.

[purdey]

We export sporting guns Milti. Also game cartridges, tweed, Scottish wool socks, garter flashes, leather bags, canvas bags, gun bags. I am happy with my lot at the moment, but things may change.

[miltiades]

Good to see Stg coming out of the doldrums , currently the MMR @ 1.152 . I still hold out for a speedy climb to 1.20 by the time the tourist season is at full swing . Funny thing is that we are happy that is now 1.15 , last year at the same time it stood at 1.255 and the year before at 1.47 !!!

Still its only money , sometimes I just say F..it who cares , right now for instance when Ive got a bloody toothache !

[purdey]

What tourist season ? it started at the after Easter, not that it has put a smile on the faces of hotel owners and business owners.
Isn't the forecast for the season down another 2.5 % on previous figures.

[nigeyboy]

Has there ever been a "good" season .................

[miltiades]

Good to see Stg rise to 1.16 .