Sterling to New Zealand Dollar?

Sterling to New Zealand Dollar?

Author
Discussion

Richyboy

Original Poster:

3,740 posts

218 months

Thursday 27th August 2015
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Is anyone moving to a different currency to preserve the value of their money or is sterling expected to remain strong? Surely once the talk of higher interest rates is quelled with talk of needing some money printing, sterling will come down a bit.

My bank offers a fixed term 1 month deposit account paying out 1.78% in New Zealand Dollars (they also do a thai baht 6.31% lol). Wondering whether I should move some cash into new zealand dollars and get some interest plus currency appreciation.

Richyboy

Original Poster:

3,740 posts

218 months

Wednesday 2nd September 2015
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Thanks