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Pound dips ahead of Autumn budget

The Euro has risen against the Pound to start this week.

A shrinking UK economy has fuelled a dip in the Pound.

But the risk for the Pound doesn’t end there as the highly anticipated Autumn budget is on Thursday.

This is a major event for the Pound in normal circumstances.

But this one carries more importance after the last mini-budget saw the Pound drop to an all-time low against the US Dollar.

Whilst we are not expecting that level of chaos, there is still some nervousness about how the currency markets will react.

And it’s a perfect example of just how volatile the currency markets can be.

So what next, what should you do?

If you have a currency transfer in mind, you could save money by discussing the timing with your Account Manager.

Click below to get an exchange rate quote or call 01872 487 500.

Get a free quote here

Current rates: 

Tuesday 15th November 2022 at 09:30

£1.00 GBP = 1.1382 EURO

£1.00 GBP = 1.1830 USD

£1.00 GBP = 1.7536 AUD

£1.00 GBP = 1.9256 NZD

£1.00 GBP = 1.5707 CAD

  • 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.

    Brexit Guide Download

  • 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.

Cle France Currency Guide link

How to Save Money on your foreign currency transfers


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