Nov12
Sterling Exchange Rates Rise
By Tom Higham
The Pound has had a good day today gaining against most the major currencies including the Euro which we saw over half a percent rise during the days trading. The Pound gained strength today as the Council of Mortgage Lenders (CML) stated that the number of repossessions expected this year had been reduced. Following a number of mixed data releases this news was seen as a refreshing change and so the Pound strengthed off the back of it.
This has led to some good buying opportunities for those selling Sterling and buying foreign currency. So, if you need to send money abroad complete the contact us section and an experienced currency broker will be in touch.
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