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Pound Plummets To New Lows; British Banks Halted After Crashing
zerohedge.com ^ | June 27, 2016

Posted on 06/27/2016 4:22:34 AM PDT by Helicondelta

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To: bert

Unless you’re going to invest several hundred thousand dollars to a million don’t even go there. Anything less than that your local bank will give you the best exchange rate but will tack on somewhere between 5-7%. Do that on both transactions (buy and later sell) and you have to have a significant spread to make any money.


41 posted on 06/27/2016 6:14:19 PM PDT by Lakewood
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To: bert

By the way I’ll be in London next week. At least some things will be cheaper for me...


42 posted on 06/27/2016 6:16:04 PM PDT by Lakewood
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To: lavaroise

Mini cooper is owned by BMW. Land Rover = India’s Tata Motors.


43 posted on 06/27/2016 6:17:30 PM PDT by ameribbean expat
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To: bert

https://www.everbank.com/currencies?c3apidt=11716591745&ft_keyword=everbank%20foreign%20currency&ft_section=e&referID=14040&cm_mmc=14040&gclid=CIDAk9nHyc0CFQMQaQodFVwFDg


44 posted on 06/27/2016 6:22:16 PM PDT by ameribbean expat
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