1.30 is way off summer 2007 when we were getting 1.47 - 1.48 by using our nationwide account.
I have no idea how it all works and how the interest rates affect the currency rate. Not sure I ever will.
But one things for sure its not going to help all those poor old souls who have calculated their purchases and running costs of properties in the euro zone.
sorry if thats gone
This summer the best we got was 1.28 but mainly 1.26.
Now that made a difference compared last year. I think the travel industry and holiday lettings are in for a bad year unless we see a real hike in the £ against the euro.
flipfopper