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UK pound edges above the $2 level
The pound has risen briefly above $2 - close to record highs - as investors expect an interest rate rise in July.
In early trade in Europe, one pound touched $2.0006, almost reaching May's 26-year high of $2.013 dollars.
Bank of England minutes released last week showed that the main rate-setting committee voted five members to four to freeze rates at 5.5% in June.
Analysts said this makes an interest rate rise to 5.75% in July a near certainty, in a bid to beat inflation.
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Whao, time to stock up on American stuff
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Double wammy for me -- most of my online income is paid in $ & interest rate rises cost me dearly on my properties ... just have to work harder
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ahhhhh .... born shouting ... were you?
This is great news for us Brits buying...but man its killed sales figures.
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I did wonder why your site Midland Internet Hosting (assuming that is you of course) charges in dollars?Originally Posted by midlandi
Humous
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All my major sites change in GBP so I am not affected at all.
* Comprehensive UK Web Directory List . eCommerce software UK
* BossCart.com can build you a.
Register your domain names at Velnet
::
Add Eco sites to The Green Directory free of charge.
Use LBS Free PHP Directory Script . Web Hosting Blog
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