Weak dollar hurts seller of Scottish Goods

[McClef]

Historically exchange rates have swung around like a pendulum.

One thing I have noticed is that we are having a spate of TV ads over here inviting visits to the USA - the last time that happened was following 9/11.

There is even an ad just for California, complete with a cameo appearance of the "Terminator."

Fuel prices are rising all over and that has a knock on effect on other prices. Every time I fill my car tank it seems to have gone up. We are now paying an average of £1.07 for a litre of petrol.

[Jack Daw]

OK. The upside is exports increase.

The dollar-to-pound exchange has been floating around $1.95 to $2.00 for quite a while. When I was in Scotland in 2003 it was better at $1.55. I'm going back this July for 2 weeks. I hope it's no worse than $1.95.

[SteveB]

I feel for the pain McClef,
In 2000 petrol was "only" 82p/litre in Northern Ireland, 1.07 OUCH!
I am sure the wages have not increased by that percentage.

--- Steve

[McClef]

Many folk in Northern Ireland have the option of popping over the border to fill up in the Republic where it's cheaper!

[Ruanaidh]

We are now paying an average of £1.07 for a litre of petrol.

Yikes, $8.00 a gallon!