It’s going to be a big end to the week for currency markets.

On Thursday, the Bank of England meets to decide on interest rates.

An increase is expected, but by how much is the real question?

It’s been touted to be anywhere between 0.25% and 0.75%.

A small hike could send the Pound tumbling, whereas a big hike is likely to see the Pound shoot up.

The UK isn’t alone in raising rates.

Later today, the US Federal Reserve is also expected to hike rates, which will lead to added volatility.

How far each country decides to go will trigger market movements.

If you have a transfer in mind, it could pay to move before more instability comes.

Our team can help guide you on exchange rates.

Please do get in touch if you need to make a transfer in the coming days or weeks.

Give us a call on 01872 487 500 to discuss the best time for your money transfer.

Or get a live quote 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 16th March 2022 at 12:00

£1.00 GBP = 1.1888 EURO

£1.00 GBP = 1.3095 USD

£1.00 GBP = 1.8058 AUD

£1.00 GBP = 1.9247 NZD

£1.00 GBP = 1.6637 CAD

£1.00 GBP = 19.6569 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.

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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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