Keith - Administrator
wooohaaaaaaaaaaaaaaa moreeeeeeeeeeee
yeheeeeey the £ is going up £1=77.40pesos
all things are possible!
It'll go up more as the $$$$ continues to weaken.
Keith - Administrator
I'm sure everybody supporting friends & family in RP from The UK are celebrating their empowered contribution capacity.
But this crazy world of floating exchange rates is proving to be as bad as the madness that put the UK & USA in a hole last year - viz. our banks lending to off balance sheet packages of mortgage debt.
Last October I shifted over a GBP million worth of contracts out of RP to China because RP didn't have the infrastructure from its government to offer a currency exchange rate hedge. Financially I'm covered but RP has lost hundereds of jobs - & I have the cost of paying for Ana's flights to Hong Kong rather than spending time in Manila. That said mixed blessings there... she has fallen in love with/and in love in Hong Kong..... & Manila bores scares me to death!!!
So celebrate the gambling win in the short term - but reflect that in the end China may have got it ever so right!!
A fix at GBP to 1.65 $ would be about right. Nearly back there!!! & with a hedge the jobs would be in RP at the exchange rate they left in October. Politicians are stupid wherever they practice/practise.
Wow, 78.25 at PNB today.
hope it gets back to £1 = Php 100! higher higher pleeeeaaassseee!
78.50 in london cbn ltd
all things are possible!
down to 76 now
I was told that on Friday last it was 75.75 pesos to £.
Rising again folks ... £1=76.24Php!
Be it Cameron,Brown,or any other of those in UK politics leading this once great country always remember it could be worse,we could have Gloria at the helm,in which case it would be £78 GBP to the peso
Sometimes you're flush and sometimes you're bust, and when you're up, it's never as good as it seems, and when you're down, you never think you'll be up again. But life goes on.
The beauty of a woman is not in the clothes she wears, the figure that she carries, or the way she combs her hair. The beauty of a woman is seen in her eyes, because that is the doorway to her heart, the place where love resides. True beauty in a woman is reflected in her soul. It's the passion that she shows to the outside world.
Cameron's a joke, no experience at all. I have not heard one constructive sentence from camy. on the other hand Gordon Brown's the man to lead us out of this mess. Don't forget he was put in this mess not his on doing, but the Global Recession. if anyone thinks that electing a Torie Muppet will help, it won't. No P.M could have solved this. Politicians have been riping off ppl for decades. why is it Browns fault. Cameron gets in thats bad very bad, all hes good at is slagging Brown off.
Brown = Parliament since 1983.
Chancellor of the Exchequer.
Cameron = member of parliament since 2001.
I meant experience in parliament.
Experience in Parliament gives you zero experience at running a country as Brown proves beyond doubt......and I support Labour!!!
Obama seems to be doing fine with no experience, and Blair didn't have much either.
Keith - Administrator
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