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Alert - Vaccine news lifts Sterling, but why?

The vaccine announcement from Pfizer is good news for the world in general.

It is also good news for the UK.

Pound sterling is expected to be a major beneficiary of a vaccine.

This is because the UK has struggled more than most with managing the pandemic.

Put simply, a vaccine could make a bigger difference to the British economy relative to other countries.

The Pound (GBP) is currently sitting near 1-month highs against the Euro and US Dollar.

Of course, nothing is static in currency markets.

On the horizon is the US election legal battle and the Brexit deadline.

They’re not going away…just simmering.

What should you do?

You may consider the rebound in Sterling as an opportunity to secure an improved rate and mitigate Brexit risk.

For those that need to sell Dollars or Euros, current rates are still at historically attractive levels.

If you would like to discuss your requirement, call us on 01872 487 500.

To get our latest rates, request a quote below.

Cle France and Key Currency

Thanks For Reading, What Next?

Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates: 

Tuesday 10th November 2020 at 11:20

£1.00 GBP = 1.1246 EURO

£1.00 GBP = 1.3260 USD

£1.00 GBP = 1.8220 AUD

£1.00 GBP = 1.9418 NZD

£1.00 GBP = 1.7274 CAD

£1.00 GBP = 20.6247 ZAR

Cle France Currency Guide link

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


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