Exchange Rate Video Updates

Exchange Rate Video Updates

Check out the daily currency commentary from Currencies Direct with their YouTube podcasts!  An excellent way to keep your finger on the pulse of the exchange rates.

 

Property purchasers receiving non-competitive exchange rates from greedy banks

  Property purchasers receiving non-competitive exchange rates from greedy banks.   Suspicions that banks are clawing in every penny they can are confirmed by statistics which indicate that British overseas property buyers were not given decent service by banks and other currency providers, such as bureaux de change offices, to the tune of hundreds of […]

£ vs € – where are we heading?

£ vs € – where are we heading?

We’ve see the Pound gain more strength against the Euro, breaking through the psychological €1.10 to the pound.  The Euro also lost ground against the US dollar, retreating to $1.32.

Moving Currencies

Moving Currencies You will normally pay for your property in Euros, although some vendors prefer sterling. Your bank may seem to be the obvious choice; but the rates they offer tend to be relatively expensive. In recent years, specialist foreign exchange companies have become increasingly user friendly and offer more favourable rates. Due to the […]