On Wed, 24 Dec 2008 20:16:22 -0000, Dave Platt wrote:

In article ,
Peter Hucker wrote:

What happened? I thought wer were approaching $2 per quid.

"International financial meltdown". It hasn't just been the US that
has been affected.

When I went over to London for a few days in late October, the pound
was a bit under $2 when I started the trip... right about where it has
been for a long time. About two days after I got there, the UK
financial markets hiccoughed so loudly you could hear 'em from orbit,
and the pound plunged to its lowest rate against the dollar in
decades... I think it was around $1.55 when I left.

I'm enjoying this "recession" - all my interest rates have fallen, and so have the minimum credit card payments. And shops keep lowering their prices.

--
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