General query about the Euro in general

T

teresa b

Guest
Just posing the question if the Euro does break up and the Euro is either devalued or we revert to punts do we still have the same buying power with our money then as now in Ireland
 
No. A punt replacement exchanged presumably on a 1:1 basis would immediately devalue. By how much is hard to say, and the impact on purchasing power would mainly affect imports.
 
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