Currency markets are as volatile now as they’ve been since the pandemic began.
The Pound is a perfect example, taking a huge hit last week.
This week though, it’s starting to recover.
But the uncertainty remains, and not just in the UK.
Global economies are still trying to get a grip on soaring inflation.
As interest rates go up around the world, currency markets are likely to be highly unpredictable.
Last week, the UK was seen to be doing a poor job of curbing inflation. This week the US and Europe are in the spotlight.
Ultimately, the volatility looks set to continue until global inflation is under control - it’s likely to be a bumpy road ahead.
If you’re planning a currency transfer, it could pay to discuss it with your account manager.
Call 01872 487 500 to get in touch or click below to get a free quote today.
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 22nd June 2022 at 09:30
£1.00 GBP = 1.1617 EURO
£1.00 GBP = 1.2210 USD
£1.00 GBP = 1.7726 AUD
£1.00 GBP = 1.9539 NZD
£1.00 GBP = 1.5854 CAD
£1.00 GBP = 19.5294 ZAR
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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.
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Want to Live in France Post-Brexit? download our "PDF Guide to Living in France Post-Brexit" document.
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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.
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For everything you need to know about French property visit www.clefrance.co.uk