Currency Online Group Waterloo Location has relocated as of 30th September 2024 - Please place your order and follow the instructions for collection.
Currency Online Group Waterloo Location has relocated as of 30th September 2024 - Please place your order and follow the instructions for collection.
The Great British Pound has suffered over recent months due
to the uncertainty surrounding the Brexit vote. Many analysts feel that leaving
the Euro zone could have destabilising effects on the UK economy and lead the
Pound into market lows versus a basket of currencies.
It is expected that a vote to remain in the EU would
instigate a Bank of England interest rate rise and this would normally lead to
Sterling strength. Whilst leaving could cause a drop in the rate to levels as
low as parity. The effect is impossible to foresee, but we may well see a
significant drop in the value of the Pound in the short term should we leave.
In the future can the UK economy stand alone again and
progress as a single economy once more? Voters of the leave campaign believe
the answer to be yes. They are quick to point out that the Eurozone suffers
from economic and institutional problems, it is blighted by low growth and high
and rising taxes and debts.
Having the
opportunity to make and act on our own decisions could have huge upside
benefits and with many of the EU’s major institutions needing reform after a
series of failings it would seem sensible to many to take full control over our
economy so that the decision making does not need to allow for slower growing
economies.
Whatever the result, the next few weeks is guaranteed to be
full of foreign exchange market fluctuations and volatile currency rates. With
Currency Online Group we can ensure that you, the client, benefit regardless.
We have ties with the best foreign exchange companies for international bank
transfers, whether that be for private individuals or corporate businesses.
Currency Online Group will help you import and export and transfer funds
overseas in the most cost effective and reliable way.