Sterling falls into the €1.09’s against the Euro.

The Pound seems to be in free fall at the moment. Today has been another terrible one for Sterling. At the time of writing GBP/EUR is now down to €1.0970 and GBP/USD is down to $1.2137.  The fall could be due to rumours a major Russian bank are going to remove their European Hub from London, raising concerns over the future of the UK financial centres in London.

I’ll post a more detailed update tomorrow morning, and in the meantime you can follow live graphs that run 24/7 here.

If you have a currency transfer to make and are worried about the falling exchange rate, click here or complete the form below to find out about how we can help protect you against adverse rate movements and get you the best exchange rates.

Leave a Reply

Your email address will not be published. Required fields are marked *