Euro and Pound are plunging

dawwa9 · Post by **dawwa9** » Sat Aug 16, 2008 3:13 pm

One month ago: 1 EUR - 1.59 USD

Today: 1 EUR - 1.46 USD

Same shit with the pound

Not too long ago: 1 Pound - 2.02 USD

Today: 1 Pound - 1.86 USD

The comeback of the dollar

QansaGabeyle · Post by **QansaGabeyle** » Sat Aug 16, 2008 3:15 pm

Not good news for me.

dawwa9 · Post by **dawwa9** » Sat Aug 16, 2008 3:17 pm

QansaGabeyle wrote:Not good news for me.

You live in Europe?

QansaGabeyle · Post by **QansaGabeyle** » Sat Aug 16, 2008 3:19 pm

dawwa9 wrote:
QansaGabeyle wrote:Not good news for me.
You live in Europe?

No I live in America. I get money from Europe though.

dawwa9 · Post by **dawwa9** » Sat Aug 16, 2008 3:22 pm

Inflation rate in the Eurozone 4.5%

Inflation rate in the UK 4.8%

The new zimbabwe and all this time they were laughing at the dollar and the US

The_Patriot · Post by **The_Patriot** » Sat Aug 16, 2008 3:23 pm

thats the market forces dicatating
the demand for dollar has increased due to the fact that Eu have been benefiting from the fall of the dollar.
they infact were buying cheaper goods from US.
the local manufactures in Eu were finding it higher to Export to US as well.

The_Patriot · Post by **The_Patriot** » Sat Aug 16, 2008 3:24 pm

So the fall of the EU currencies are

As foreigners would find it easier to buy goods from the local manufacturers.
And the demand for dollar willl reduce

dawwa9 · Post by **dawwa9** » Sat Aug 16, 2008 3:28 pm

If Obama get's elected

1 EUR - 0.85 USD

1 Pound - 1.10 USD

The_Patriot · Post by **The_Patriot** » Sat Aug 16, 2008 3:33 pm

dawwa9 wrote:If Obama get's elected

1 EUR - 0.85 USD

1 Pound - 1.10 USD

Hope so if he does not venture into Iran.

1_londoner · Post by **1_londoner** » Sat Aug 16, 2008 3:38 pm

Fckin hell...every damn thing is just too expensive these days....Akh...

*Nobleman* · Post by ***Nobleman*** » Sat Aug 16, 2008 4:27 pm

1_londoner wrote:Fckin hell...every damn thing is just too expensive these days....Akh...

Tell me about it. Inflation is nuts nowadays, i barley get change from a tenner when buying milk lol

The_Patriot · Post by **The_Patriot** » Sat Aug 16, 2008 4:30 pm

*Nobleman* wrote:
1_londoner wrote:Fckin hell...every damn thing is just too expensive these days....Akh...

Tell me about it. Inflation is nuts nowadays, i barley get change from a tenner when buying milk lol

I am grateful I dont leave in london

Murax · Post by **Murax** » Sat Aug 16, 2008 4:35 pm

Dawa whats the exchange rate for a dollar and Riyaal?

dawwa9 · Post by **dawwa9** » Sat Aug 16, 2008 4:36 pm

Murax wrote:

Dawa whats the exchange rate for a dollar and Riyaal?

They use dirhams (AED) in the UAE, not Riyaals idiot

And the dirham is pegged to the dollar, so practically we use dollars under disguise

Murax · Post by **Murax** » Sat Aug 16, 2008 4:42 pm

dawwa9 wrote:
Murax wrote:

Dawa whats the exchange rate for a dollar and Riyaal?
They use dirhams (AED) in the UAE, not Riyaals idiot

And the dirham is pegged to the dollar, so practically we use dollars under disguise

I know the Riyal is SA, but thats what I wanted to know. I always knew the exchange rate of the dirham.

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