Will Coronavirus damage the Pound?

As the Coronavirus spreads, currency markets could be facing increased volatility over the coming days and weeks.

The virus is now breaking out across Europe, with Italy reporting over 300 cases.

Currency markets will be sensitive to any developments.

At first, Asian markets were hit the hardest.

But as UK investors wake up to the growing threat, it could begin to damage the Pound.

In times of trouble, investors tend to dump Pound Sterling in favour of “safe havens”, such as the US Dollar and Swiss Franc.

If you have an upcoming currency requirement, it’s something you need to be aware of.

We are watching rates carefully and can assist you with the timing of your transfer.

Please get in touch on 01872 487 500 to speak to one of our dealers.

To find out the latest rates, click for a quote below.

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.

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.

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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For everything you need to know about French property visit www.clefrance.co.uk