So What Could Happen?

UK Rate Decision Today!

The Bank of England meets at lunchtime today for their latest rate decision.

The meeting is likely to have a big impact on the Pound’s direction going forward.

While no change in rate is expected, the voting pattern is the key.

Last time round, we had one member vote for a hike, eight on hold and none for a cut.

As always, the Pound will be super sensitive to any change.

We note in recent weeks that other central banks have steered the market away from expecting cuts in 2024 and back towards a “higher for longer” outlook.

A move in that direction would be Sterling positive.

If however, the committee all move to a neutral / hold stance, it’s likely to be Sterling negative.

It’s a bumper end to the week because on Friday we have the latest UK GDP.

The market expects annual growth for the UK of 0.3%. Every little helps.

So what next, what should you do?

Get ahead of the game and read our Guide to Foreign Currency Exchange.

Download the Guide Here - with no obligation of course.

If you have a currency requirement, please do get in touch so we can keep an eye out for the best opportunities.

To speak to a member of our team, call 01872 487 500.

To find out our latest rates, click below

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Current rates:

Thursday 9th May 2024 at 10:15

£1.00 GBP = 1.1630 EURO

£1.00 GBP = 1.2475 USD

£1.00 GBP = 1.8970 AUD

£1.00 GBP = 2.0800 NZD

£1.00 GBP = 1.7130 CAD

£1.00 GBP = 1.1345 CHF

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