Pound makes a comeback after Gov's tax U-turn

The Pound has bounced back after the Government’s tax cut U-turn.

In a sense, the Government has brought some balance to the currency markets after last week’s chaos.

Plus, the UK avoided recession last week too!

The Pound is largely back to where it was before the mini-budget against the Euro and US Dollar.

But, long term, the pressure’s still on the Government and the UK economy.

In Europe, the energy crisis is still hanging over the Euro, with Winter on the horizon.

Both the Pound and Euro face their battles.

So what next, what should you do?

The currency markets are likely to remain volatile with plenty going on.

If you have a currency transfer in mind, it could pay to discuss it with your Account Manager.

Get a free exchange rate quote below or call 01872 487 500.

Current rates: 

Tuesday 4th October 2022 at 10:00

£1.00 GBP = 1.1520 EURO

£1.00 GBP = 1.1376 USD

£1.00 GBP = 1.7488 AUD

£1.00 GBP = 1.9828 NZD

£1.00 GBP = 1.5490 CAD

£1.00 GBP = 20.1936 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.

  

• 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

• Key Currency can save you money by offering more competitive rates of exchange than your bank.
• Clients can typically save you 3-4% of the total transaction value, which can result in significant cost savings.
• All client funds are held in segregated accounts with top-tier banks keeping your money safe and secure.

• For everything you need to know about French property visit www.clefrance.co.uk