> > Was the investment in pound sterling? > The pound has been going down steadily over the last year. > And now we have a steep drop due to Brexit.
Am not speaking from a position of particular knowledge on this, but the way I read original the email was simply that income was held in some kind of depsit account in the currency in which it was received - so GBP income remained in GBP until there was a need to spend GBP. WMF does after all have significant expenditures in other currencies than dollars (e.g. grants and salaries of overseas staff). Regards, Chris _______________________________________________ Wikimedia-l mailing list, guidelines at: https://meta.wikimedia.org/wiki/Mailing_lists/Guidelines New messages to: Wikimediafirstname.lastname@example.org Unsubscribe: https://lists.wikimedia.org/mailman/listinfo/wikimedia-l, <mailto:wikimedia-l-requ...@lists.wikimedia.org?subject=unsubscribe>