Currency Matters

Last week the Pound appreciated strongly against the Euro rising from 1.15 on Monday 3rd January to 1.20 by close on Friday the 7th January.

Today GBPEUR continues to trade near 1.20 on the interbank market, the best rate since September 2010 and only 3 cents below the 2010 high of 1.23 seen in June. Against the US Dollar the Pound continues to trade between 1.53-1.55.

 If you have any currency exchange requirements in 2011, please do not hesitate to contact the dealing team to discuss how best to manage your currency exchange and international payments.

 The exchange rates mentioned in the above blog are based on the  interbank rate at the time of writing. Please do not hesitate to contact the dealing team on +44 (0) 1695 581 669 for a live quote.