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The Multiplex Index: Pound Takes a Pounding

Sung Moss

A weakening British pound should make you rethink your plans to catch a flick at your local U.S multiplex. Instead, today's the day to hop the pond and take a chance on British cinema. And while in London, you may want to take some of those converted dollars and head to Harrods to splurge on a new shirt.

By the looks of things, the Brits will need it.

The greenback lost and made up some ground against the euro, yen and Singapore dollar since our last ticket-price update.

But the biggest news and moves came from just across the pond. The dollar advanced on the pound following economic data out of Britain showing surprisingly slumping retail sales in May. With declining consumer spending numbers, the realization has set in that Britain's economy isn't out of the recessionary woods just yet.

With that, let's take a closer look at those prices to see what's changed since our last update on Tuesday...

City Ticket Price Conversion Rate USD Ticket Price % Change Tokyo 1800 JPY 1 JPY= 0.0104 USD $18.720 0% Madrid 7.60 EUR 1 EUR= 1.3919 USD $10.578 +0.3% Singapore 10.00 SGD 1 SGD= 0.6861 USD $6.861 +0.1% London 10.50 GBP 1 GBP= 1.6219 USD $17.030 -1.4% * Above are typical going rates for movie tickets in different countries, converted from the euro in Spain, Japanese yen, British pound and Singapore dollar to U.S. dollars. Every 24 hours, we'll show daily percentage changes on currency rate movements, with our favorite (or least favorite, as the case may be) summer blockbusters as our guide. Percentage change is calculate from the previous day's ticket price.