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FROM OTHER NEWS SITES

DAILY TELEGRAPH
Joke of the year: Telegraph readers funniest one-liners - Thu, 09 Feb 2012 15:45:24 GMT

Joke of the year: Telegraph readers funniest one-liners - Thu, 09 Feb 2012 15:47:01 GMT
The Muppets, review - Thu, 09 Feb 2012 15:45:24 GMT
Leveson Inquiry: News of the World editor 'ordered deception of McCanns' - Thu, 09 Feb 2012 15:43:13 GMT
Syria violence: mortar fire rains down on Homs - Thu, 09 Feb 2012 15:35:33 GMT
Syria uprising: live - Thu, 09 Feb 2012 15:17:20 GMT
The Muppets, review - Thu, 09 Feb 2012 15:09:16 GMT

FINANCIAL TIMES
Greek parties agree austerity cuts - Thu, 09 Feb 2012 12:49:37 GMT

Greek parties agree austerity cuts - Thu, 09 Feb 2012 16:02:08 GMT
Bank of England lifts stimulus by £50bn - Thu, 09 Feb 2012 12:49:37 GMT
Euro firm on reports of Greek deal - Thu, 09 Feb 2012 16:05:10 GMT
US jobless claims trend near four-year low - Thu, 09 Feb 2012 14:20:29 GMT
Thomson Reuters reveals $3bn goodwill charge - Thu, 09 Feb 2012 15:51:32 GMT
Rio Tinto takes $9bn hit on Alcan deal - Thu, 09 Feb 2012 08:01:57 GMT

BBC NEWS
BBC News - Business - Thu, 09 Feb 2012 16:05:29 GMT

BBC News - Business - Thu, 09 Feb 2012 12:51:04 GMT
Bank injects £50bn into economy - Thu, 09 Feb 2012 16:05:29 GMT
Greece leaders agree bailout cuts - Thu, 09 Feb 2012 16:06:28 GMT
US banks in mortgage settlement - Thu, 09 Feb 2012 10:25:36 GMT
UK trade gap smallest since 2003 - Thu, 09 Feb 2012 13:10:02 GMT
Bombardier gives jobs guarantee - Thu, 09 Feb 2012 15:26:09 GMT
Pensioners miss cold weather pay - Thu, 09 Feb 2012 15:42:17 GMT
 
 

Why foreign currency loans should carry a wealth warning

One has to feel slightly sorry for some people in Iceland who have taken out foreign currency loans to finance the purchase of houses and cars, as in the space of a few days the pound has gone from buying 155 Krona to 340.

10 October, 2008

So while taking out loans in a foreign currency may seem attractive from an interest rate perspective, this should serve as a reminder that there are variables that can make it go horribly wrong.


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Rental demand reaches record levels
Short term equity release by 2014
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