virginprune Posted June 10, 2016 Posted June 10, 2016 Market rate now is 65.95! It will only get worse when the idiots in the uk vote to leave the EU. Link to comment Share on other sites More sharing options...
robert k Posted June 10, 2016 Posted June 10, 2016 45 minutes ago, virginprune said: Market rate now is 65.95! It will only get worse when the idiots in the uk vote to leave the EU. Pretty extreme comment over a 1/2 peso move. I don't track the GBP constantly but it happens all the time with the USD. 2 Link to comment Share on other sites More sharing options...
Sander Martin Posted June 10, 2016 Posted June 10, 2016 (edited) 1 hour ago, virginprune said: Market rate now is 65.95! It will only get worse when the idiots in the uk vote to leave the EU. Euro and Aud is in the same boat as GBP againts PHP. Both have lost quite alot of value againts PHP. I remember getting 40pesos per aud (not its between 33-35 per aud) and 58-59 per euro (now its between 50-52) two years ago when i first came to The Philippines. Yanks are the ones who have gained in these two years with USD dollar gaining strength. Two years ago Aud was almost 1:1 with usd (0.95) - 0.75 usd per aud now. One euro would get you 1.3 usd... Now its 1.1 something. Oh well, what can we do. Just have to follow the market and do a transfer when its up (i managed to change my aud to php 2 months ago when the rates spiked to almost 37peso per aud). Few days later they were back under 34 peso per aud... Edited June 10, 2016 by Sander Martin 2 Link to comment Share on other sites More sharing options...
Benington Posted June 10, 2016 Posted June 10, 2016 3 hours ago, virginprune said: Market rate now is 65.95! It will only get worse when the idiots in the uk vote to leave the EU. For Britain's sake I hope the "idiots" are in the majority on the 23rd! But if between now and then an exit result continues to look more likely the rate may not get worse as it's realised by the market that not much will change after an exit result for some time. Then longer term we may well see a reversal of that long and depressing downward slide in the pound sterling vs the Philippine Peso, with the British economy finding its feet outside the EU. Also stability here is more in question since the election,which may put downward pressure on the Peso. 3 Link to comment Share on other sites More sharing options...
mogo51 Posted June 11, 2016 Posted June 11, 2016 The foreign exchange rate is a lottery, but buying the winning ticket is very hard. Link to comment Share on other sites More sharing options...
robert k Posted June 12, 2016 Posted June 12, 2016 On 6/10/2016 at 9:38 AM, virginprune said: Market rate now is 65.95! It will only get worse when the idiots in the uk vote to leave the EU. Out of curiosity I just checked and the GBP was 66.212 maybe it will go even higher. 1 Link to comment Share on other sites More sharing options...
russellmania Posted June 24, 2016 Posted June 24, 2016 Well Britain did it!! They voted to leave the E.U by a slim margin. The market is going nuts now! Link to comment Share on other sites More sharing options...
virginprune Posted June 24, 2016 Posted June 24, 2016 (edited) I was going to quote but for some reason I cannot remove these quote things from my post even if I click cancel WTF!! yesterday at this time on xe the pound was 69.90, today it is 64.22, I can only see it getting worse for the foreseeable future. Moderators note. I think I fixed it for you (fingers crossed) Edited June 25, 2016 by Dave Hounddriver Link to comment Share on other sites More sharing options...
mogo51 Posted June 25, 2016 Posted June 25, 2016 I am finding the same problem VirginPrue. I do not understand why our last post is rehashed if we want to make another quote?WTF me also. 1 Link to comment Share on other sites More sharing options...
Popular Post Dave Hounddriver Posted June 25, 2016 Popular Post Posted June 25, 2016 6 hours ago, virginprune said: I was going to quote but for some reason I cannot remove these quote things from my post even if I click cancel WTF!! 5 hours ago, mogo51 said: I am finding the same problem VirginPrue Guys, its hard to please everyone but I remember when the stuff I was replying with got lost whenever my ISP fluctuated (frequent occurrence in Phils) so this 'remembering' of what you already wrote in the reply box should be seen as a good thing. In laymen's terms, the quotes seem to be embedded in the 'source' because I can delete what I have in my reply box by pressing 'source' (top left of the screen when I am replying to something). When in 'source' I delete everything in the reply box and then press 'source' again to get back to a clean slate. When it seems to be a pain, remember the times you posted a long reply and had it disappear when you went to press 'submit' NOW back on topic. I think the pound is responding to the doom and gloom peddlers and when the dust settles it will slowly come back to normal. It will go higher one day, when Germany figures out that England was right and the whole EU collapses. 6 Link to comment Share on other sites More sharing options...
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