Could Pound Sterling disappear?

Viewing 5 reply threads
  • Author
    Posts
    • #54785
      katy
      Blocked

      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
      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
      katy
      Blocked

      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
      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
      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
      katy
      Blocked

      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.

Viewing 5 reply threads
  • The forum ‘Real Estate Topics, News & Discussion​’ is closed to new topics and replies.