Could Pound Sterling disappear?

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This topic contains 5 replies, has 4 voices, and was last updated by Profile photo of katy katy 7 years, 9 months ago.

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  • #54785
    Profile photo of katy
    katy
    Spectator

    We have discussed before re. pound versus Euro. I believed that sterling would recover. Now I am not sure. I have just returned from Kenya and no-one wanted Pounds. Even the Hotel porter asked me for euro or Dollars and did not want the pound. Was the same everywhere.

  • #90698
    Profile photo of Anonymous
    Anonymous
    Participant

    Not sure the hotel staff or joe public can be a guide to if sterling will fail/recover.

    They are probably working on %’s being that most clients are from EU land with Euro and/or Us with $

    Ian

  • #90700
    Profile photo of katy
    katy
    Spectator

    Twas a bit tongue in the cheek! Although I did think it worth comment. The majority of visitors there were British. Seeing how impoverished the Kenyans are I thought they would have accepted Pounds. He took $5 but not £5 😕

  • #90701
    Profile photo of Anonymous
    Anonymous
    Participant

    Katy – maybe they had seen this article from last Summer and heard that Gordon Brown is starting along the same path. 😆

    The last two paragraphs show how insanity can overtake a leader:

    http://articles.latimes.com/2008/jul/14/world/fg-money14

  • #90707
    Profile photo of Anonymous
    Anonymous
    Participant

    My son will be honeymooning in Mauritius. They have been told that everything has to be paid for with euros or dollars!

  • #90710
    Profile photo of katy
    katy
    Spectator

    I find it very strange 😕 Usually third world countries will/would accept anything. We had to change our sterling into Kenyan shillings. My Brother then got confused with the exchange rate and afterwards realised he had just tipped a driver the equivalent of his months wages. 😆

    I am sure your Son will love Mauritius, the Indian Ocean is sooo warm.

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