The GBP-AUD is edging ever closer to dropping below 2 and CAD now in the early 1.90s but be aware at present most analysts are predicting this drop will continue, and as mentioned yesterday a recession slowly becomes more of a possibilityu by the day, even in my local area I have seen quite a few businesses closing their doors, many that have been around for years.
If you have a requirement but not for a while, but have enough readily available funds for an 11% deposit, you can book out a rate on a forward basis for anything up to two years in advance.
This is a brief summary of todays report. Click here to read the full report on our main website
If you are buying a property abroad, and want the best exchange rates, just click on the links below to go straight to our main site, or Email Me
Have a great day and thanks for reading!
Daniel Wright
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