It’s a strange situation we are facing…
On the one hand, we have Boris Johnson as favourite to be the next Prime Minister.
He’s made it clear he wants the UK to leave the EU on 31 October – with or without a deal – which is Pound negative.
On the other hand, Jeremy Corbyn is pushing to prevent such a scenario and making noises about a 2nd referendum – which is Pound positive.
So we are left in no man’s land.
But the current low level of volatility should not be mistaken for safety.
It’s quite the opposite.
The Pound is poised to surge or collapse – we just don’t know which.
If you need to sell Euros at present, you might consider taking advantage of Sterling weakness and lock-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.
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:
Monday 3rd June 2019 at 10:40
£1.00 GBP = 1.1298 EURO
£1.00 GBP = 1.2631 USD
£1.00 GBP = 1.8209 AUD
£1.00 GBP = 1.9324 NZD
£1.00 GBP = 1.7079 CAD
£1.00 GBP = 18.4028 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
