- Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
- Sterling fell again on Friday as growing expectations of a UK interest rate cut plummets the pound against a strong dollar and also slipping against the euro.
- Markets now expect the Bank of England to cut rates, currently 5 percent, by a quarter percentage point by the end of the year and probably again by February 2009.
GLOBAL CURRENCY EXCHANGE NETWORK - DAILY CURRENCY NEWS
|
CURRENCIES |
HIGH |
LOW |
|
GBP-EUR |
1.2642 |
1.2307 |
|
GBP-USD |
1.8684 |
1.829 |
|
GBP-AED |
6.8506 |
6.7312 |
|
GBP-BRL |
3.0203 |
2.9693 |
|
GBP-EGP |
9.9415 |
9.6940 |
|
GBP-TRY |
2.2215 |
2.1604 |
|
EUR-USD |
1.4792 | 1.4547 |
|
EUR-BRL |
2.4079 |
2.3616 |
| EUR-AED |
5.4237 |
5.3206 |
|
USD-AED |
3.6721 |
3.671 |
| USD-EGP | 5.33 | 5.2186 |
n.b these are just indication rates as of 8.30am on Friday 15th August
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