UK pound goes through $2 barrier

[temi]

The pound has moved through the $2 mark for the first time since 1992, as investors bet that interest rates would have to rise further to slow inflation.
Consumer prices rose by 3.1% in March, the Office for National Statistics said. The ONS also said that its retail price inflation rate rose to 4.8%.

soure and full story

 

[TeamPlayer]

Great news for UK tourists going over to the US, with even more dollars to the pound. :armada34:

Bad for British companies selling goods to the US though.

Winners and losers - that`s life.

 

[temi]

Yes,
Its bad for British exports

 

[midlandi]

A great time for us in the Uk to buy some links etc...

 

[temi]

That is true Midlandi, and a time to regret our directory that is priced in USD and not GBP

 

[OldWelshGuy]

price EVERYTHING in the strongest currency always.

Bloody interest rates goiing up means the £ will get stronger again.

 

[temi]

yes, the interest rates part of it I am not looking forward to

 

[Mxhub]

This is a really a big new high ever since 1992 where the pound touch the $2 mark. Rarely we will see these $2 floating around.