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euro/pound exchange rates

Just how well is the pound doing against the euro,and what's predicted. I'll be buying a house in greece and just wondered.

ganesh Tue 02/09/08 16:49

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Zacsmaster
Tue 02/09/08
17:34

From todays Daily Express:

sterling plunged to the rock-bottom rate of just 81.39 pence to the euro. It was the lowest exchange rate since the European currency was launched in 1999.

ganesh
Tue 02/09/08
17:35

Question Author

Not good then,do the experts think it will go lower?

Zacsmaster
Tue 02/09/08
17:41

Well I'm no expert but I don't think we've seen the worst by a long way. Depends whether any other politicians come out and state that things are worse than expected like the tactfull (not) idiot Darling did.

ganesh
Tue 02/09/08
17:57

Question Author

Thanks legend,good advice. But according to the Greeks,their house and land prices ,unlike ours are still rising by about 20% a year. If this is true then it would still be a good time to buy rather than wait a year?

ganesh
Wed 03/09/08
07:23

Question Author

Thanks,yes I'm sure your'e right and I'm not really looking for an 'investment',rather, a home.
But I agree,estate agents are mostly fake,and it would probably be best to wait. But then we may go down further and I'll be unable to get anything at all!
With global struggles I'm suprised wer'e doing so badly against our european mates!

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