Archived posting to the Leica Users Group, 2005/01/09
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Frank, In 1985 the Sterling dropped to ?1 = US$1.1. This is when my family started buying properties in London, and sent all the children to the UK for education. There was also a sudden influx of students from the US - my American friends at LSE (London School of Economics) remarked that it stood for 'Let's See Europe' in their speak! Cheers, Joseph on 9/1/05 9:19 pm, Frank Dernie at Frank.Dernie@btinternet.com wrote: > I am amazed how much the dollar exchange rate fluctuates. In about 1980 > it was $2.40 to the UK pound. In the late 80's it got down to around > $1.2 whilst I was on holiday in Florida EXPENSIVE. It is now $1.90 or > so, probably a fairly natural level. > Frank > > > On 9 Jan, 2005, at 03:07, Feli di Giorgio wrote: > >> All I can say is that the current dollar/euro exchange rate is brutal >> for European exporters or anyone from the US planning on making >> a purchase of goods from over there. It's like the US dollar has >> turned into >> Monopoly money overnight. >> >> >> Feli