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got savings in sterling, live in Europe, should I transfer them now before pound plummets more?

6 replies

SophieofShepherdsBush · 15/10/2016 20:57

Or it it likely to pick up at all? Should I wait and see or change now? I'm clueless with regards to financial matters. U had previously hoped to get more euro for my sterling....should have cashed on pre brexit. What's the advice?

OP posts:
Heratnumber7 · 15/10/2016 21:08

The pound hasn't plummeted. It's gone back to where it should be relative to other currencies.
It's always going up and down - I'd keep your money where it is.

BeenThereDoneThatForgotten · 15/10/2016 21:11

The pound is at a 168 year low! Of course it plummeted. Certainly don't trade pounds for euros at the mo.

SophieofShepherdsBush · 15/10/2016 22:28

Ok, so advice is to wait. Thank you.

OP posts:
specialsubject · 16/10/2016 14:07

Mn selective memories - pound lower against euro in 2007. Not caused by brexit so forgotten.

More of an issue are uk interest rates - as you dont live here you are not affected by our inflation, which despite what carney says is already 2%. Can you get better interest where you are?

SophieofShepherdsBush · 16/10/2016 17:39

Im in Ireland, snd im a financial dunce, I have no idea!

OP posts:
scaryteacher · 17/10/2016 09:55

Special, yes, I remember it well!

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