GBP breaks $2.00, Euro nears $1.36
 

Dollar's Weakness Hits New Benchmarks
Tuesday April 17, 1:56 pm ET
By Jane Wardell, AP Business Writer
British Pound Breaks Through $2 for First Time in Nearly 15 Years

--------it now costs around 92 pence ($1.84) for a liter of unleaded petrol, compared with 46 pence when the currency was last at $2 in 1992, an average 2.56 pounds ($5.14) for a pint of lager, compared with 1.48 pounds and 85 pence ($1.71) for a loaf of sliced white bread, compared with 54 pence.
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A gallon is 3.7854 liters so gas (petrol) is $6.97.

Thank goodness most cars in the UK get 45 mpg!
When are we going to demand this kind of efficiency here in the US?
We're griping about paying $3.40/gal med. unleaded here in CA... actually, the folks driving the big SUVs and trucks that get 9 to 18 mpg are griping....it's just going to go up.

When does the point come when Americans stop traveling to Europe because of the poor exchange rate? I'm close.

How soon we forget . . when I lived in London the exchange rate was $2.60 / œ1

Rich

Where did the œ come from? . . should have been pound sign

And a pint of Bitter was 26 pence

The last time I remember 1 pound equaling $1 was in 1985. It did go up to $2 to the pound in 1992, but then fell back again. Perhaps this latest increase will only be temporary.