Exchange rate prediction for Pound Sterling in Dec 2008?

malikkhi · Post by **malikkhi** » Wed Nov 12, 2008 10:17 pm

Well guys if there chances that pound will goes down more as of its current exchange rate against USD & EURO?
Its greatly effecting all the applicants of Tier 1 , so share ur prediction regarding the pounds exchange rate for Dec 2008

ramgsk · Post by **ramgsk** » Thu Nov 13, 2008 6:00 am

Interesting

Quite skeptic though do we need such a thread here, it might add upon to tense.

malikkhi · Post by **malikkhi** » Thu Nov 13, 2008 7:06 am

Lolz man today pound drops to its lowest level

so now i am thinking to show my period till the lowest possible exchange rate

bcoz as of today my earning making the required point and in cases if later on exchange effects my earnings in pound and it may goes up

Cheers
Malik

Jedi001 · Post by **Jedi001** » Sat Nov 15, 2008 9:27 pm

malikkhi wrote:Lolz man today pound drops to its lowest level so now i am thinking to show my period till the lowest possible exchange rate bcoz as of today my earning making the required point and in cases if later on exchange effects my earnings in pound and it may goes up

Cheers
Malik

http://www.oanda.com/convert/classic

Saturday, November 15, 2008

2,800 British Pound = 208,693 Indian Rupee

2,800 Indian Rupee (INR) = 37.56719 British Pound (GBP)

Interbank rate +/- 0%

This means:
You buy 2,800 British Pound : 208,693 Indian Rupee
You sell 2,800 British Pound : 205,823 Indian Rupee
You buy 2,800 Indian Rupee : 37.56719 British Pound
You sell 2,800 Indian Rupee : 38.09100 British Pound

Median price = 73.50818 / 74.53312 (bid/ask)
Estimated price based on daily US dollar rates.

I think this would be the lowest exchange rate!!

malikkhi · Post by **malikkhi** » Sun Nov 16, 2008 6:41 am

oh yeah , well may be it will decline more...........who knows, how about the December 2008, will be the same or may go up?? any clue?

sampras · Post by **sampras** » Sun Nov 16, 2008 7:02 pm

I am also in the same boat.I am feeling scared to keep my money in the UK Bank.

Every day the value of pound is dropping. Looks like it is going to drop further, that is for sure, But we cannot help the changing times.

This is happening because of more money infused into the UK system by Gordan Brown, and also the Bank interest rates getting slashed.Hence more money gets injected into the system and so the pound value drops.

My analysis , if the same thing happens in India , that is more money getting infused into the system and interest rates getting slashed.Then Rupee will keep pace with pound.At the moment RBI is not slashing the interest rate at the pace of Bank of England.

If anybody has other views or analysis please discuss.Hope this helps.

malikkhi · Post by **malikkhi** » Mon Nov 17, 2008 6:51 am

Thatz really scary man...........how about the prediction of December 2008? it will remain the same , i mean the exchange rates.

malikkhi · Post by **malikkhi** » Mon Nov 17, 2008 6:51 am

Thatz really scary man...........how about the prediction of December 2008? it will remain the same , i mean the exchange rates.

rehmanmehz · Post by **rehmanmehz** » Fri Oct 25, 2013 12:15 pm

Someone correct me if I'm wrong,

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Exchange rate prediction for Pound Sterling in Dec 2008?

Exchange rate prediction for Pound Sterling in Dec 2008?

Pound Value against Rupee/Dollar