LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market.
According to www.exchangerates.org.uk:
GBP-EUR 1.1482 Pounds to Euros
GBP-USD 1.2474 Pounds to Dollars
GBP-NZD 2.002 Pounds to New Zealand Dollars
GBP-AUD 1.8707 Pounds to Australian Dollars
GBP-CAD 1.6826 Pounds to Canadian Dollars
GBP-JPY 169.59 Pounds to Yen
GBP-ZAR 23.861 Pounds to South African Rands
GBP-AED 4.5779 Pounds to Dirhams
GBP-INR 102.63 Pounds to Rupees
GBP-TRY 24.565 Pounds to Lira
GBP-CHF 1.1178 Pounds to Swiss Francs
The pound sterling has fallen against major currencies in recent weeks, with the euro now trading at its highest level against the pound in over two years.
There are a number of factors that have contributed to the decline in the pound, including:
- The ongoing uncertainty surrounding Brexit, which has led to investors becoming more risk-averse and selling sterling.
- The rise in interest rates in the United States, which has made the dollar more attractive to investors.
- The weakness of the British economy, which has led to concerns about the country’s ability to repay its debts.
The decline in the pound is likely to have a number of implications for businesses and consumers in the UK. For businesses, it will make it more expensive to import goods and services, which could lead to higher prices for consumers. For consumers, it will make it cheaper to travel abroad and buy imported goods, but it will also make it more expensive to buy goods and services from overseas businesses.
The pound is likely to remain volatile in the coming months, as investors continue to monitor the situation surrounding Brexit and the British economy.