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Value of the McCanns' claim against Goncalo Amaral falls by £108,000 in a year, as the euro's value against the pound slumps from 88p to 79p

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Value of the McCanns' claim against Goncalo Amaral falls by £108,000 in a year, as the euro's value against the pound slumps from 88p to 79p

Post by Tony Bennett on 31.07.14 13:02

The past year has been a bad one for the euro, not least in its continual slump against the pound, as this chart today on the BBC website shows:





During this period, the euro's value against the pound has slumped from 88p to 79p - a drop of more than 10%.

The McCanns' claim against Goncalo Amaral and the other defendants was therefore worth £1,056,000 a year ago.

Now, at 1 euro = 79p., that figure is down to £948,000.

A loss of £108,000 in one year.

Of course the euro might revive before the long-awaited closure of the case of McCanns v Amaral.

That is, if the McCanns are awarded anything at all

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