Saturday, March 15, 2008
BoE need to ignore the bleating and keep down the heating
The question I have is haw low will the pound be allowed to go.When I moved to France the exchange rate was about 1.5 Euros to the pound,now its about 1.25.Does anyone think it will be allowed to fall below the Euro.Also,interest rates in the UK are higher and the BOE havn't reduced them much so why is the pound falling? .......anyone with any realistic and backed-up predictions??????