GBP xe USD (1 year)

Sphincter tightening as GBP tries to rise above USD 1.24 / THB 43.

Patienta virtus..."patience is a virtue".
 
Sixteen months on and again we find the £ at USD 1.30 / THB 43.

After rising from those doldrums over the course of the past year the £ has fallen with eight months to go until B-Day* .

Possibly the BoE is positioning British manufacturing and goods as an economical deal to assist exporting at lower conversion rates to new international trade partners.

Sadly it's remains a serious WTF for pensioners particularly those who are residing overseas.

This is a huge worry for all pensioners regardless of their citizenship once currency mechanisms tilt their actual purchasing power and savings downward.

* Brexit Day
 
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