Good to see Sterling on the rebound!

[Thailand]

State pension this month was up by ฿19.87 over last month.

[KhunBENQ]

Compared to one month back it's back on nearly same level.

Compared to last week of September it's indeed a relief.

 

Edited October 11, 2022 by KhunBENQ

[nigelforbes]

This is work in progress, stay tuned! Sterling is on a journey, not sitting at a destination.

[Stocky]

As trends go, not one to fill you with confidence.

 

[Chomper Higgot]

The BoE has announced it will end buying gilts to prop up the pound.

 

It’s not going to be pretty.

[BritManToo]

59 minutes ago, Chomper Higgot said:

The BoE has announced it will end buying gilts to prop up the pound.

 

It’s not going to be pretty.

I prefer to view it as the government repaying it's loans early.

Edited October 12, 2022 by BritManToo

[nigelforbes]

3 minutes ago, BritManToo said:

I prefer to view it as the government repaying it's loans early.

Using money it will earn in the future.

[Chomper Higgot]

4 minutes ago, BritManToo said:

I prefer to view it as the government is repaying it's loans early.

But you’re not one of the small number of people who make decisions on national credit ratings, or institutional investment.

 

The BoE is effectively manipulating the price of Sterling to provide the UK economy short term protection against the lunacy coming out of No10 and No 11.

 

That manipulation is about to end.

 

The lunacy is not.

 

 

Edited October 12, 2022 by Chomper Higgot

[Chomper Higgot]

Just now, nigelforbes said:

Using money it will earn in the future.

Might earn in the future.