Quote:
Originally Posted by nigelallen
Sorry to start another thread, i cant find the old thread relating to the currency exchange,
I notice today the Real is R$3.3 to the Pound,
If you look at the 12 month chart you will see last March the exchange rate was R$4.2 to a pound,
This trend will surly this will be the nail in the coffin for UK buyers. and a very worrying time for those who are buying off plan.
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3.5 years ago the GBP went up as high as 5.75 to 1 vs. the real, the dollar was 3.3 to 1. Last week I received a bank transfer in GBP and received 3.24 to 1!