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Thread: Exchange rate, GB to NZ $

  1. #1
    Join Date
    Nov 2006
    Location
    Warkworth , NZ
    Posts
    1,404

    Default Exchange rate, GB to NZ $

    Seems to be looking good for exchanging pounds for dollars......anyone got any inside knowledge to how much further it might go?!

  2. #2
    Join Date
    Sep 2007
    Location
    Auckland!
    Posts
    104

    Default

    I'm entirely inexperienced, but the possible things on the horizon that I've seen are:

    1. UK interest rate raise (good for UK->NZ)
    2. NZ interest rate fall (good for UK-><NZ)
    3. UK referendum on EU (bad for UK_>NZ)
    4. Greece. Who knows, but presumably bad for UK->NZ.

    As always, you just have to transfer when you have to. Sign up with TorFX (or similar) and you'll get daily updates from someone who's job it is to guess more accurately than we can (but it'll still be a guess).

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