I must stop geting so surprised at how little our media do to assist the strength of the Pound.
Last year pretty much every national newspaper had this on the front page which bought about a vicious circle of people worrying and selling off Sterling as quickly as possible, leading to further weakness and indeed more panic.
On boxing day of last year Sterling hit its lowest point of 1.0170 which led to an extremely unhappy christmas for many of my clients looking to pay the balance of their properties overseas or complete essential building work.
There are ways to conquer these sort of problems - by booking out funds in advance with a forward contract. Many of my business clients are taking full advantage of this so that they know exactly how m,uch upcoming costs will set them back so that they can budget accordingly.
I am here to help so if you would like a full explanation as to how these contracts work or what the other options are that are available to you then do feel free to contact me either by emailing directly below or calling the freephone number at the top of this page.
This is a brief summary of todays report, should you wish to make a currency enquiry Email Me
I will ensure I get back to you as soon as possible to discuss the options available to you. 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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