Clé France

Why the Pound is on a Knife Edge ?

Normally, the wise old owls at the Bank of England would be looking to put their feet up, down a brandy or two, and see out the year.

But this year, they still have one meeting left and it will be very closely watched.

The Bank of England faces a difficult decision.

The economic data coming out of the UK is strong. Economic growth (GDP) data due out on December 10th may reinforce this view.

However, there is a clear threat of rising COVID cases. The spike in cases in Germany, France and Italy will likely spread to the UK.

Pound Sterling will be highly sensitive either way.

In these uncertain times, you may prefer to secure an exchange rate now rather than worry about the market movements that lie ahead.

Whatever your requirements, please get in touch with a member of the Key Currency team on 01872 487 500.

We can help guide you on the best strategy for your situation.

To find out our latest exchange rates, click on the link below.

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: 

Wednesday 8th December 2021 at 10:15

£1.00 GBP = 1.1734 EURO

£1.00 GBP = 1.3236 USD

£1.00 GBP = 1.8559 AUD

£1.00 GBP = 1.9529 NZD

£1.00 GBP = 1.6713 CAD

£1.00 GBP = 20.94976 ZAR

• Want to Learn More?

• We have created a selection of Free PDF Guides for you to download covering many aspects of buying property abroad, visit our PDF Guides Page today or download our "Buying A Property in France" Guide PDF document.

• Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.

  

• 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.

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