Tuesday, January 12, 2010
EURO/GBP - 1.111
US$/GBP - 1.609
CHF/GBP - 1.641
CAN$/GBP - 1.665
AUS$/GBP - 1.739
Comments: Even though the Confederation of British Industry believes, following a survey of the UK economy for the final quarter of 2009, that the UK is on the brink of leaving recession sterling continues to trade in a narrow range against the euro and the United States dollar and slip lower against the commodity backed currencies. The United States dollar had a bad day yesterday against the euro following the worse than expected unemployment figures in the United States on Friday. And in December China became the worlds largest exporter which is probably more of a reflection on how far German exports have fallen.
Note: All rates are mid market inter bank and indicative at the point of publication.
To get an initial estimate of the cost of a property simply DIVIDE the price of the property by the appropriate currency rate noted above.
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Disclaimer
Exchange rates can move very quickly. The above rates are valid at a moment in time. We have no crystal ball and we recommend that if an exchange rate works for your budget then don’t wait for an even better exchange rate - Murphy’s Law says the rate will go against you and cause you maximum pain! Suggestions should not be taken as advice or fact.
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