The Pound remains under a cloud of uncertainty.
We are now facing a protracted leadership battle.
The voting process may in fact take a few months to play out from here.
The new PM would then have to bounce from the Conservative Party Conference (29th Sept) to the EU Council Meeting (17th Oct) to the Brexit deadline (31st Oct).
In other words, the new PM will be given very little time to get anything done.
With so little clarity on the path ahead, it’s not good news for Pound Sterling.
If you need to sell Euros at present, you might consider taking advantage of Sterling weakness and locking-in a rate of exchange.
On the other hand, if you need to purchase EUR from GBP then you need to weigh up whether you can afford for the rate to fall further.
Although the rate has been higher, it’s also been a lot lower too.
Please contact us directly on 01872 487 500 to discuss this in more detail.
Or to find out current exchange rates, please click on the link below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 29th May 2019 at 15:25
£1.00 GBP = 1.1338 EURO
£1.00 GBP = 1.2661 USD
£1.00 GBP = 1.8270 AUD
£1.00 GBP = 1.9339 NZD
£1.00 GBP = 1.7074 CAD
£1.00 GBP = 18.6187 ZAR
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
