USD to GBP > 2

[Matthew.]

I'd been keeping tabs on this myself purely out of interest and for paypal, only noticed today that the exchange rate between USD and GBP has broken the 2 barrier. Poor old US economy huh

UCC says 2.00381
X-Rates says 2.00469

X-rates says it happened 17th April with 2.0061, since then it has been stable above 2 for a few days.

Great time to go on holiday UK fellows I doubt paypal has yet to catch up, heh.

Blair's economy has been pretty good overall, despite the 3% inflation only a few days ago we're still up for the year on USD, CAD and AUD :D

Matt

 

[Dooodles]

Sounds good for ll of us in the Uk that are going on holiday.

 

[bonzer]

Paypal will catch up days later ...........

 

[kwan]

I noticed it when google paid me and a third went off after it was converted to from dollars euro's

 

[Peter]

Sounds good for ll of us in the Uk that are going on holiday.

Very good for holiday makers not so good for business and workers.

Many business in the UK export goods. The price of those goods will be getting more expensive which could lead to a drop in orders which in turn will lead to job cuts.