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Why Is The Euro So Low
planemad
Posts: 569 Forumite
I see that the Euro fell against the GBP to 1.35 today!
What is the reason for the recent sharp drop.
It was only last year I was getting 1.44.
Thanks In Advance.
What is the reason for the recent sharp drop.
It was only last year I was getting 1.44.
Thanks In Advance.
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Comments
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The Pound has fallen against the Euro.
Fluctuations, these things change. The US dollar is Very weak which is why we get a good deal on US$, and the pound is quite weak against the Euro atm.
I feel quite relieved as I bought loads of Euro Travellers' Cheques just before they started to fall in September......0 -
It's simply supply and demand. If more people with euro want £ then the rate to buy £ goes up and vice versa
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