Re: 2 Countries

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In Reply to: Re: 2 Countries posted by David on November 14, 2001 at 13:43:38:

: Well, my UK securities have been entered (Thanks for the help!), but I had to use some workarounds. Maybe you can tell me better ways of doing things.

: The basic problem is that Yahoo and most sources report share prices in p (=GBP 0.01), while commissions, exchange rates, etc. are normally reported in GBP. If I set the default currency as GBP and then let FM update the exchange rate automatically, I'm afraid it will do something like interpreting the downloaded value for BLM.L as GBP18, instead of GBP0.18.

: What I did was:
: Let FM download quotes normally from the default server.
: Multiply commissions, etc., by 100 before entering them, to get them turned into p instead of GBP.
: Set the exchange rate by hand to 144 instead of 1.44 (hand settings are close enough for my purposes).
: Aside from the minor nuisance of seeing enormously large numbers, the only problem seems to be one of display: When currency conversion is turned off, reports always give the name of the column as GBP (really a pound sign, of course) instead of p. All computations look correct to me.

: Is there a better way to make my UK securities compatible with automatic updates in p?

: Thanks again.
: David.

Hi David,
Are you retrieving from Yahoo or Yahoo-UK? If you are using Yahoo-UK you
can control whether FM updates in pence/pounds. See:

http://www.fundmanagersoftware.com/intrtv.html#YahooUK
and
http://www.fundmanagersoftware.com/intrtv.html#version102

Thanks,
Mark
--
Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP
/XP

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