Pound Sterling is hovering near 2019 lows against the Dollar and Euro.
And the latest data from the futures market shows hedge funds have been increasing their bets on further falls.
Even once the leadership battle for PM is over, Pound Sterling is expected to remain under pressure over the next few months as the October Brexit deadline looms.
If you hold Pounds and need to purchase Euros, you are probably looking at the rate and thinking “I’ll hold off for now until it goes up”.
But please ask yourself if you/your budgeting can afford a further shift lower in the value of the Pound!?
You may wish to secure a rate of exchange and avoid the uncertainty that lies ahead.
If you would like to discuss your position, please call us on 01872 487 500.
Or to find out current exchange rates, request a free quote below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 10th July 2019 at 14:45
£1.00 GBP = 1.1123 EURO
£1.00 GBP = 1.2512 USD
£1.00 GBP = 1.7990 AUD
£1.00 GBP = 1.8836 NZD
£1.00 GBP = 1.6362 CAD
£1.00 GBP = 17.6062 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
