Blog


19/10/2018 – This Morning’s Exchange Rates

  • Posted by currencies in Rate Alerts
  • October 19, 2018
  • No Comments

The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us.

European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached due to ongoing stumbling blocks over the Irish border.

On Thursday, British Prime Minister Theresa May and other EU leaders voiced renewed confidence that they could secure a Brexit deal, yet the two sides remain at odds over how to deal with their only land border, between the British province of Northern Ireland and Ireland.

May had also signalled she would consider extending a so-called transition period “for a matter of months” after Britain leaves the EU in March.

More positive noises out of Brussels about reaching a Brexit trade deal – the dominant driver of sterling – have been offset by growing unhappiness within Prime Minister Theresa May’s own party and her rivals about the sort of Brexit agreement she wants to forge.

Britain’s foreign minister Jeremy Hunt said this morning it would be hard to resolve the issue of a backstop to the Irish border problem in Brexit talks without more detail on the future relationship with the EU after Brexit.

GBP/EUR 1.1371

GBP/USD 1.3020

GBP/AED 4.7747

GBP/AUD 1.8325

GBP/CHF 1.2981

GBP/CAD 1.7006

GBP/NZD 1.9810

EUR/USD 1.1422

GBP/ZAR 18.682

Leave a Reply

Your email address will not be published.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

2 × 1 =

What's Going On?

Currencies 4 You Limited is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House, Victory Way, Admirals Park, Crossway Dartford, DA2 6QD. Currencies 4 You's Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Ebury Partners UK Ltd is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. Reference number: 900797. Ebury Partners UK Ltd is registered with the Information Commissioners Office, with registration number: Z209673X | Terms and Conditions | Privacy Statement | Careers