With just over three weeks to go, all eyes are on the election.
But we wonder whether it will bring the certainty over Brexit as hoped?
Just about everyone expects the Conservatives to win.
However, that’s not the real issue...
Boris Johnson needs more than a win; he needs a large majority to get his Brexit bill passed. And that is far from certain.
A small Conservative majority (which Nigel Farage is predicting) may keep us stuck on the Brexit merry-go-round.
As HSBC put it “anything can happen”.
The period of stability we are seeing in the Pound may well be short-lived.
Option prices on Pound Sterling have doubled in value since the beginning of the month.
In plain English, it means investors are very nervous about the result and we could see sharp moves in exchange rates around election time.
If you would like to de-risk yourself from an adverse move, you may wish lock in a rate now.
Call us on 01872 487 500 to discuss your requirements.
For current exchange rates, get a quote below.
Click here for a Free quote.
Thanks For Reading, What Next?
- To discuss Exchange Rates and Your Currency Options, please contact our trader today on 01872 487 500.
- Need to Trade Your Currency soon, then request a free quote and we’ll look after you from there.
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Thursday 21st November 2019 at 12:30
£1.00 GBP = 1.1686 EURO
£1.00 GBP = 1.2952 USD
£1.00 GBP = 1.9027 AUD
£1.00 GBP = 2.0139 NZD
£1.00 GBP = 1.7244 CAD
£1.00 GBP = 19.0586 ZAR
Need to Send Money Abroad?
- At Clé France / Key Currency, many of our customers have a need for currency exchange.
- We are pleased to offer our customers favourable exchange rates on international currency transfers.
- As a Clé France website visitor, you qualify for preferential exchange rates when you transact through Key Currency.
How to Save Money on your foreign currency transfers
- Key Currency can save you money by offering more competitive rates of exchange than your bank.
- Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
- All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.
- Download our "Buying A Property in France" Guide PDF document.
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If you are concerned about Brexit? download our "PDF Guide to Brexit" document.
For everything you need to know about French property visit www.clefrance.co.uk