PPRuNe Forums - View Single Post - Jerez - BBVA

18th Aug 2005, 14:22

#7 (permalink)

Groundloop

Join Date: Aug 1998

Location: London, UK

Posts: 1,995

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If the euro crashed you would be quids in. The problem mentioned is if sterling falls further against the euro. Your repayments are in euros but you have budgeted in sterling. That's the problem.