AlgarveBlu
Well-Known Member
- Joined
- 21 Aug 2005
- Messages
- 3,930
The £ is 1.13 Vs the €. This surprised me as we have done nothing yet schools, businesses, roads have been closed in Europe and Bio-hazard units are being craned in to hospitals on the streets of Berlin. I'd have thought the € would have tanked as the continent has more cases. We seem pretty steady V the $
Seems a little odd
Exchange rate movement of sterling weakening against the euro was triggered by the Bank of England base rate cuts to a historic low and the European Central Bank keeping base rates on hold which equals a sell off of the currency