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    Pound hits 26-year US dollar high

    as the pound hits 26-year US dollar high, its a good time to buy from abroad!

    news.bbc.co.uk/1/h…stmnews.bbc.co.uk/1/h…stm

    9 Comments

    The pound rose as high as $2.066 in earlier trading, before paring gains … The pound rose as high as $2.066 in earlier trading, before paring gains slightly to $2.064.

    This is not down to a strong Pound, it's purely down to a weak Dollar, the Pound against the Euro is very weak.

    Inactive

    This is not down to a strong Pound, it's purely down to a weak Dollar, … This is not down to a strong Pound, it's purely down to a weak Dollar, the Pound against the Euro is very weak.



    shush you European! :P

    Banned

    Inactive

    This is not down to a strong Pound, it's purely down to a weak Dollar, … This is not down to a strong Pound, it's purely down to a weak Dollar, the Pound against the Euro is very weak.


    i think its a combination of a weak dollar and a strong pound due to the high interest rates we have been experiancing.

    khany1

    as the pound hits 26-year US dollar high, its a good time to buy from … as the pound hits 26-year US dollar high, its a good time to buy from abroad!



    You'd think so wouldn't you but if you're buying off a proper U.S website you have to pay that wretched thing called VAT when the goods arrive in the country, if you risk buying off Ebay U.S it's a little different as long as you make sure the seller labels the goods as a 'gift'.

    SpecMan

    You'd think so wouldn't you but if you're buying off a proper U.S website … You'd think so wouldn't you but if you're buying off a proper U.S website you have to pay that wretched thing called VAT when the goods arrive in the country, if you risk buying off Ebay U.S it's a little different as long as you make sure the seller labels the goods as a 'gift'.


    If it's under £18 you don't have to though

    This is not down to a strong Pound, it's purely down to a weak Dollar, … This is not down to a strong Pound, it's purely down to a weak Dollar, the Pound against the Euro is very weak.



    Unfortunately true. It's weak against several currencies currently.

    Mclovin

    shush you European! :P



    I am one of those rare Brits that actually wish we were in the Euro, it is proving to be a far more successful currency than our over rated Pound.

    GDP is all important, and the UK's is very low. Turning towards services and soft skills is not necessarily the answer. There needs to be a balance.
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