The last few years has all been about Brexit and Covid.
But in 2022 some new themes are emerging.
Right now it’s all about inflation and interest rates.
At first, only the Bank of England looked like raising interest rates this year.
It’s why the Pound started 2022 with a bang.
The US Federal Reserve is also expected to raise rates next month. This has caused the US Dollar to strengthen.
And in the past fortnight, Australia and the EU have indicated they will also rate raises in 2022 – despite saying the opposite only weeks ago!
As expected, the news has triggered a surge in the Euro and Australian Dollar.
The rapidly shifting landscape is causing big moves in exchange rates.
It’s why it pays to stay on top of what’s happening, so you can take advantage of favourable moves.
If you would like to discuss your currency requirements, call us on 01872 487 500.
Or to find out the latest rates, click below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 9th February 2022 at 10:15
£1.00 GBP = 1.1880 EURO
£1.00 GBP = 1.3575 USD
£1.00 GBP = 1.8937 AUD
£1.00 GBP = 2.0343 NZD
£1.00 GBP = 1.7228 CAD
£1.00 GBP = 20.7776 ZAR
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