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Articles & Guides Money, Currency

Articles & Guides Money, Currency

Sterling Outlook - What's Influencing Forex Movements in the UK?

The honeymoon period with the new Conservative government is over.

Sterling enjoyed a brief rally this summer, with a 2% rise against a basket of currencies of the UK’s major trading partners and rose around 9 cents to hover just below the USD $1.60 mark.Sterling has managed to perform relatively well because of the inherent weaknesses of other economies; the Euro was held back (the Greek economic crisis) and the US dollar has been suffering against every other major economy in the world as it struggles to shake itself out of the effects of recession.Now...

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National Statistics Office Reports 10% Drop in Overseas Holidaymakers Spending

The UK National Statistics Office has reported that overseas spending by British holiday makers has dropped by 10%. However, at the same time, spending in the UK by foreign tourists has increased by 4%.

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Foreign Exchange Services for UK Businesses Overseas

The UK was once regarded as the “workshop of the world”, and exports still account for a substantial portion of UK manufacturing and commercial activities today.

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Dealing with Foreign Exchange Risk

Transacting business overseas is a valuable commercial hedge against adverse market conditions at home as well as a mean of providing highly profitable opportunities to generate business growth.

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UK Travel Money and Currency Exchange Options

Shop Around for Best Value Currency Exchange When Leaving the UK

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Disclaimer: MisterCurrency.com Currency Converter uses rates from various sources including central banks reference rates. The currency exchange rates shown are indicative rates.
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EXCHANGE RATES

1 GBP = 1.221 EUR
1.599 USD - U.S. Dollar
12.53 ZAR - South African Rand
12.406 HKD - Hong Kong Dollar
1.542 AUD - Australian Dollar
1.469 CHF - Swiss Franc
2 SGD - Singapore Dollar
1.581 CAD - Canadian Dollar
12.521 ZAR - South African Rand
12.048 HKD - Hong Kong Dollar

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