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Pound recovers, but global volatility continues

Currency markets are as volatile now as they’ve been since the pandemic began.

The Pound is a perfect example, taking a huge hit last week.

This week though, it’s starting to recover.

But the uncertainty remains, and not just in the UK.

Global economies are still trying to get a grip on soaring inflation.

As interest rates go up around the world, currency markets are likely to be highly unpredictable.

Last week, the UK was seen to be doing a poor job of curbing inflation. This week the US and Europe are in the spotlight.

Ultimately, the volatility looks set to continue until global inflation is under control - it’s likely to be a bumpy road ahead.

If you’re planning a currency transfer, it could pay to discuss it with your account manager.

Call 01872 487 500 to get in touch or click below to get a free quote today.

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: 

Wednesday 22nd June 2022 at 09:30

£1.00 GBP = 1.1617 EURO

£1.00 GBP = 1.2210 USD

£1.00 GBP = 1.7726 AUD

£1.00 GBP = 1.9539 NZD

£1.00 GBP = 1.5854 CAD

£1.00 GBP = 19.5294 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.
  • 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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