Currency Rates
EURO/GBP - 1.140
US$/GBP - 1.641
CHF/GBP - 1.682
CAN$/GBP - 1.685
AUS$/GBP - 1.773
Comments: Sterling continues on the up hitting a two month high as measured against a basket of major currencies. Only limited economic data out in the UK so it was more a case of continued worries concerning the euro and whether or not Greece would leave and the US market being closed for the day. Also here in the UK the Chancellor finally seems to realise cuts are needed if the UK is truly going to regain its equilibrium and have balanced budgets. As noted yesterday a raft of UK economic data is due out this week so we wait to see if momentum is maintained.
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.
Weekly Update on GBP, EUR, USD & Commodity-Backed Currencies
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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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