Boris Quits, Pound in Turmoil

It’s been an eventful day…

First David Davis quit. Now Boris Johnson. The “Third Way” Brexit plan has spectacularly backfired.

Tory backbenchers are openly declaring that Theresa May's premiership is effectively over.

With just 8 months until Britain leaves the EU, time is running out.

In the coming weeks and months, the Pound will remain exposed to escalating political risk.

For those wishing to mitigate their currency risk or need guidance on exchange rates, please do get in touch.

Thanks For Reading, What Next?

To discuss current exchange rates and currency purchasing strategies, please contact your trader today on 01872 487 500.

If you don't yet have an account please request a free quote and we’ll look after you from there.

Have a great day,

Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.

Current rates:

Monday 9th July 2018 at 16:30

£1.00 GBP = 1.1275 EURO

£1.00 GBP = 1.3248 USD

£1.00 GBP = 1.7736 AUD

£1.00 GBP = 1.9372 NZD

£1.00 GBP = 1.7359 CAD

£1.00 GBP = 17.7238 ZAR

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