The Mudcat Café TM
Thread #162855   Message #3881286
Posted By: Raggytash
10-Oct-17 - 07:16 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
Are you trying to suggest that the pound has not consistently traded at a lower level for the past 15 months.

At the time of the referendum the pound traded at 1.3030 Euro, thus each Euro cost 0.7669 pence.

Today the pound is trading at 1.1137, thus each Euro costs 0.8979 pence.

The difference is a 16% fall on todays market, it has been greater.

Now we could argue figures all day but the fact remains that the pound has been consistently lower against the Euro in the 15 months between the referendum and now.