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....So the fact that German products are undervalued is indisputable. The question is why the exchange rate has strayed so far from fundamentals. ... [Read full article on Guardian ]
Tuesday 28th of March 2017 03:26:12 PM
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....Among these travellers is 28-year-old lawyer Lucas Gifuni, who travelled from Canada to spend a week in Scotland last autumn. Now that the exchange rate is more favourable, it was easier for him to justify the trip, and he is considering returning for an outdoor or trekking holiday, something he previously would have chosen to do in a cheaper destination in Europe. ... [Read full article on Guardian ]
Wednesday 29th of March 2017 10:58:18 AM
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....Make sure you’re covered with great value annual holiday cover from Guardian Travel Insurance, provided by Voyager. If you need to send money overseas get expert advice, competitive exchange rates and free online transfers from the Guardian Money Transfer Service, provided by moneycorp. ... [Read full article on Guardian ]
Thursday 23rd of March 2017 02:25:14 PM
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....Richards said it had been tricky dealing with the overstocks but he was “financially pleased” with his growing season. “We did win business when Spain was out of action and the lower exchange rates have helped exports,” he said. ... [Read full article on Guardian ]
Friday 24th of March 2017 05:05:46 PM
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....Wednesday is the day that Theresa May plans to trigger article 50 of the Lisbon treaty to set Brexit in motion. This September will see the 25th anniversary of Black Wednesday, when the pound was ejected from the European exchange rate mechanism, the precursor of the single currency. ... [Read full article on Guardian ]
Sunday 26th of March 2017 07:03:24 AM
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Latest Finance News related to Exchange Rate

EU departure but … UK sees record-breaking increase in visitors image
Source : Guardian [Read Article] Wednesday 29th of March 2017 10:58:18 AM
....Among these travellers is 28-year-old lawyer Lucas Gifuni, who travelled from Canada to spend a week in Scotland last autumn. Now that the exchange rate is more favourable, it was easier for him to justify the trip, and he is considering returning for an outdoor or trekking holiday, something he previously would have chosen to do in a cheaper destination in Europe. ...
We’re in a fine mess if George Osborne is our last hope of halting Brexit image
....Wednesday is the day that Theresa May plans to trigger article 50 of the Lisbon treaty to set Brexit in motion. This September will see the 25th anniversary of Black Wednesday, when the pound was ejected from the European exchange rate mechanism, the precursor of the single currency. ...
Cauliflower prices slashed as UK's warm weather leads to glut image
Source : Guardian [Read Article] Friday 24th of March 2017 05:05:46 PM
....Richards said it had been tricky dealing with the overstocks but he was “financially pleased” with his growing season. “We did win business when Spain was out of action and the lower exchange rates have helped exports,” he said. ...
London now 'cheaper to live than New York and Tokyo', plus Viagogo snubs MPs image
....Make sure you’re covered with great value annual holiday cover from Guardian Travel Insurance, provided by Voyager. If you need to send money overseas get expert advice, competitive exchange rates and free online transfers from the Guardian Money Transfer Service, provided by moneycorp. ...
UK retail sales shrug off Brexit fears with February rise image
Source : Guardian [Read Article] Thursday 23rd of March 2017 10:37:42 AM
....Ben Broadbent, one of the Bank of England’s deputy governors, said in a speech in London that the fall in the value of the pound was having an impact on spending in the shops. “The vote to leave the EU led to a big drop in sterling’s exchange rate,” he said. ...
Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
.... . "In the medium term, despite growing economic, geopolitical and monetary uncertainties around the world, the group confirms an ambitious target of growth rate for revenue at constant exchange rates," it added. ...
Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
.... . If you fear the pound could fall further you can lock into today’s exchange rates with a prepaid currency card. ...
Blurred lines? image
Source : BBC [Read Article] Monday 20th of March 2017 12:02:25 AM
.... . Derivatives are financial contracts that let two parties bet on something else - perhaps exchange rate fluctuations, or whether a debt will be repaid. ...
Trump 'looks forward to visiting China' - Tillerson image
Source : BBC [Read Article] Sunday 19th of March 2017 05:03:09 AM
....Negotiations are under way for a potential first summit meeting between Mr Xi and Mr Trump next month in the US. Mr Trump has been a vocal critic of China in many areas - including its exchange rate policy and its operations in the South China Sea. ...
How Britons spend their money, plus MPs turn the heat on energy firms image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:44:06 PM
....Get great value annual travel cover with Guardian travel insurance, provided by Voyager. If you need to send money overseas get competitive exchange rates, expert advice and free online transfers from the Guardian international money transfer service, provided by moneycorp. ...
Petrol price war sparked as supermarket SLASHES fuel costs amid tumbling oil prices image
.... AA spokesman Luke Bosdet said: "A fall in the oil price from above $55 a barrel to below $52 is now working its way through to the pump. "However, with the pound’s exchange rate with the dollar remaining volatile, where pump prices eventually end up remains uncertain. ...
What the 2017 budget means for you, plus rents 'out of step' with incomes image
....Get great value annual travel cover with Guardian travel insurance, provided by Voyager. You could save on international money transfers with free online transfers and competitive exchange rates from Guardian International Money Transfers, provided by Moneycorp. ...
Trump's border tax could damage the US a lot more than a wall | Kenneth Rogoff image
.... Most populists’ gut reaction is that this must be fantastic for US jobs, because it discourages imports and encourages exports. Unfortunately, as many have pointed out, there is a loose screw in this logic, which is that the US has a floating exchange rate. ...
John Lewis slashes staff bonus to 6% – the lowest in 63 years image
Source : Guardian [Read Article] Thursday 9th of March 2017 09:28:42 AM
....“In the year ahead, trading pressures will continue as a result of the wider changes taking place in retail. The two major influences are pricing, where the rate of change in selling prices is likely to be significantly slower than the rate of change in input costs as a result of weakness in the sterling exchange rate, and the continued shift from shops to online. ...
John Lewis staff bonus cut again image
Source : BBC [Read Article] Thursday 9th of March 2017 09:27:42 AM
...."In the year ahead, trading pressures will continue as a result of the wider changes taking place in retail," the partnership said. "The two major influences are pricing, where the rate of change in selling prices is likely to be significantly slower than the rate of change in input costs as a result of weakness in the sterling exchange rate, and the continued shift from shops to online. ...
Trump could end global trade and force choice between US and China, says economist image
....”. Every said Australian farmers and exporters should prepare for exchange rate volatility, including a higher US dollar and fall in the Australian dollar by up to 15% in some scenarios, with Asian currencies falling by even more. ...
China cuts growth target to 6.5% this year - Premier Li Keqiang image
.... . And in a veiled reference to US President Donald Trump's complaints about China's exchange rate and trade policies, Mr Li warned of a far more complicated global picture in the year ahead with China facing the threat of growing protectionism. ...
More than half of new-build homes 'have major faults', plus the best city cycle schemes image
....Make sure you’re covered with great value Guardian travel insurance, provided by Voyager. You could save on international money transfers with free online transfers and competitive exchange rates from Guardian International Money Transfers, provided by Moneycorp. ...
Jimmy Choo revenues boosted by menswear range image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:15:36 AM
....". It added that exchange rate moves remained a concern, but the lower pound had attracted foreigners to spend in London. ...
Primark sales boosted by bargain-hunting tourists after pound's Brexit slide image
....ABF expects Primark’s sales over the half year to be 11% ahead of last year at constant currency rates, driven by increased retail selling space. With more than half the chain now overseas, the company said total sales would be 21% ahead at actual exchange rates – boosted by the increase in the value of the euro and the dollar against the pound. ...
BA owner IAG's profits hit by weak pound image
Source : BBC [Read Article] Friday 24th of February 2017 07:53:02 AM
.... It is also continuing to restructure and cut costs. The company added that, at current fuel prices and exchange rates, it expected to report an increase in operating profit this year. ...
A London penthouse for £60,000 per week, plus the Isa offering 12% returns image
Source : Guardian [Read Article] Thursday 23rd of February 2017 03:20:00 PM
.... Use promo code WIN10 to claim your discount. You could save on international money transfers with free online transfers and competitive exchange rates from Guardian International Money Transfers, provided by Moneycorp. ...
The Bank of England is in denial. Brexit shows people don't act rationally | Robert Skidelsky image
....Central banks’ forecasting models essentially use the same logic. For example, the BoE (correctly) predicted a fall in the sterling exchange rate following the Brexit vote. ...
Even with price rises, there’s no place like home for bargain-hungry Brits image
Source : Guardian [Read Article] Saturday 18th of February 2017 07:00:33 AM
....Fortunately, the internet allows us to go browsing for prices before schleping down the Rue de Rivoli, Gran Via or Fifth Avenue. Sure enough, when I price-checked the Microsoft Surface Pro 4 (128GB) it was £749 in the UK but just $699 in the US, or £558 at current exchange rates. ...
Why 30-somethings are fleeing London, plus the growth of rabbit-hutch Britain image
Source : Guardian [Read Article] Thursday 16th of February 2017 02:17:55 PM
.... Use promo code WIN10 to claim your discount. You could save on international money transfers with free online transfers and competitive exchange rates from Guardian International Money Transfers, provided by Moneycorp. ...
Weak pound and rising inflation push clothing spend to five-year low image
Source : Guardian [Read Article] Monday 13th of February 2017 12:01:00 AM
....After increasing solidly over the final quarter of 2016, the spending barometer points to a “much softer pace” of expenditure growth at the start of 2017, according to Annabel Fiddes, an economist at IHS Markit. “A key threat to expenditure in the coming months is building inflationary pressures in the economy, partly due to the effects of a weaker sterling exchange rate feeding through to consumers,” explained Fiddes. ...
Fancy some sun, sea and sand? Brexit means it will cost you 15% more image
Source : Guardian [Read Article] Sunday 12th of February 2017 07:01:00 AM
.... “Sterling’s slump did play a part in the choice of destination,” Emily says. “We kept an eye on exchange rates to see where we could get most for our money, using the Post Office holiday costs barometer to work out which countries offered the best value. ...
Holidaymakers book early for summer to beat falling value of pound image
Source : Guardian [Read Article] Sunday 12th of February 2017 12:05:30 AM
....com said Mexico, and especially Cancún, was its fifth most popular search, compared with 17th last year. “The peso exchange rate now is roughly the same as it was last year, and as we know there are many countries where it is not,” said Emma Coulthurst from the site. ...
Trump presidency poses threat to global economy, warns Fitch image
Source : Guardian [Read Article] Friday 10th of February 2017 04:37:52 PM
....“In Fitch’s view, the present balance of risks points toward a less benign global outcome. The administration has abandoned the Trans-Pacific Partnership, confirmed a pending renegotiation of the North American Free Trade Agreement, rebuked US companies that invest abroad, while threatening financial penalties for companies that do so, and accused a number of countries of manipulating exchange rates to the US’s disadvantage. ...
Train ticket pricing due for overhaul; plus, Nissan owners driven to anger image
Source : Guardian [Read Article] Thursday 2nd of February 2017 03:18:38 PM
.... Use promo code WIN10 to claim your discount. You could save on international money transfers with free online transfers and competitive exchange rates from Guardian International Money Transfers, provided by Moneycorp. ...
Japan rejects Trump accusation of devaluing yen in currency war image
Source : Guardian [Read Article] Wednesday 1st of February 2017 06:48:52 AM
....A finance ministry official added to denials that Japan was deliberately seeking a weaker yen, which helps the country’s exporters because it boost repatriated profits on sales made overseas. “Foreign exchange rates are led by the markets. ...
Trump’s trade advis​​er says Germany uses euro to 'exploit' US and EU image
....Vasileios Gkionakis, global head of foreign exchange strategy at UniCredit Research, said: “This is quite strong and unusual rhetoric coming from a very senior trade adviser to the US president. First, and since it comes just days following the president’s comments about the ‘too strong dollar’, it suggests that the US administration sees the exchange rate as one of the main anchoring points for the deployment of its trade policies. ...
Brexit: weak pound threatens craft beer revolution, say brewers image
Source : Guardian [Read Article] Monday 30th of January 2017 12:33:32 PM
.... He says UK soil is not right for growing some types of hops such as Citra and Mount Rainier. “The Americans produce really good hop varieties and we don’t in the UK, so we’re at the whim and mercy of the exchange rate,” he adds. ...
What the dip in sterling means for your holiday image
Source : Daily Express [Read Article] Sunday 29th of January 2017 12:01:00 AM
....That means you now get an extra €150 for each £1,000 you spend in the eurozone compared to then. He says you will lose even more money by making the mistake of purchasing your foreign currency at the last minute: “If you leave it until the airport you are likely to face the worst exchange rates in the country. ...
Luxury retailers hope Chinese new year tourists will leave them crowing image
Source : Guardian [Read Article] Saturday 28th of January 2017 08:00:49 AM
....“Chinese new year is always good as there are a tremendous number of Chinese students in the UK and their family come over. The dip in the exchange rates made things markedly cheaper than anywhere else for a period until prices adjusted but it’s still 20% lower than in mainland China,” he said. ...
Whistleblower wins out over HSBC charges; plus, Sky ditches the dishes image
Source : Guardian [Read Article] Thursday 26th of January 2017 02:25:22 PM
....Save 10% on Guardian travel insurance, provided by Voyager – use the code WIN10 before 31 January 2017 to claim your discount. Get competitive exchange rates and free online transfers when you send money overseas with the Guardian money transfers service, provided by Moneycorp. ...
Toy makers warn of price rises as pound's Brexit plunge hits costs image
Source : Guardian [Read Article] Tuesday 24th of January 2017 05:11:39 PM
....Ty UK, the UK division of the US manufacturer of popular furry collectable animals – with licensed deals including Peppa Pig – said it had increased its prices by 11% at the end of 2016. “We took a hit because of exchange rate fluctuations so we felt we had no choice, although we are guaranteeing a fixed price for the rest of this year,” said the company’s games designer, Morley Lester. ...
Philip Hammond blames Tony Blair for Brexit vote image
Source : Guardian [Read Article] Friday 20th of January 2017 12:20:18 PM
....But he warned that growth was set to slow this year as the impact of the weaker pound raised inflation and eroded spending power. “A floating exchange rate is a smooth and efficient transmission mechanism that deals very effectively with an external shock,” the chancellor said. ...
Scots can enjoy the best of exchange rates | Brief letters image
Source : Guardian [Read Article] Thursday 19th of January 2017 06:39:24 PM
Friday afternoon conveyancing fraud, plus the merits of 10-year mortgages image
Source : Guardian [Read Article] Thursday 19th of January 2017 02:49:16 PM
....Save 10% on Guardian travel insurance, provided by Voyager – use the code WIN10 before 31 January 2017 to claim your discount. Get competitive exchange rates and free online transfers when you send money overseas with the Guardian money transfers service, provided by Moneycorp. ...
Xi Jinping signals China will champion free trade if Trump builds barriers image
Source : Guardian [Read Article] Tuesday 17th of January 2017 03:50:06 PM
....IHS Markit’s chief economist, Dr Nariman Behravesh, said: “President Xi gave a very rigorous and articulate defence of globalisation. “Very importantly, he made commitments about opening China up to more imports and foreign direct investment and making sure that China’s exchange rate policy didn’t destabilise the global economy. ...
Apple increases App Store prices by 25% following Brexit vote image
Source : Guardian [Read Article] Tuesday 17th of January 2017 10:31:05 AM
....99. Apple announced the price rises in an email to app developers on Tuesday, and told them “when foreign exchange rates or taxation changes, we sometimes need to update prices on the App Store”. ...
US charges three foreign exchange traders image
Source : BBC [Read Article] Tuesday 10th of January 2017 11:28:46 PM
....The charges are a follow-up after those banks, along with RBS, paid $2. 5bn in fines in May 2015, after pleading guilty to conspiring to rig foreign exchange rates. ...
Pound falls on May's Brexit comments image
Source : BBC [Read Article] Monday 9th of January 2017 11:15:35 AM
....". Mr Wilson predicted "more volatility" in the sterling exchange rate, adding that it could easily "bounce back" as the tone of political discourse shifted. ...
Good Christmas? M&S set to surprise as retailers reveal festive sales image
Source : Guardian [Read Article] Sunday 8th of January 2017 02:14:45 PM
....5bn for the first 11 months of the year. While established retailers such as M&S and Debenhams struggle to eke out growth – analysts predict underlying sales at constant currency exchange rates will be down 1% at Debenhams – online fashion sites Asos and Boohoo are riding the online boom, with growth rates of 30% and more than 40%, respectively. ...
Economic forecasts are hardwired to get things wrong image
Source : Guardian [Read Article] Sunday 8th of January 2017 12:08:43 PM
.... They note that the share of UK exports going to Europe peaked in the late 1980s and has been falling in recent years as a result of weak demand in the eurozone. EU external tariffs average only 3% and the Treasury forecasts take no account of movements in the exchange rate. ...
REVEALED: The tricks to get the best holiday money rates amid a weaker pound image
Source : Daily Express [Read Article] Saturday 7th of January 2017 02:00:00 PM
....It means £500 can buy around $614 and €583 - but Britons could get far less if they use a provider offering poor rates. Faced with a weaker pound, it's crucial holidaymakers get the best exchange rate on travel money to make their cash go further when overseas. ...
Crash 'was crisis moment for economists' image
Source : BBC [Read Article] Thursday 5th of January 2017 11:13:41 PM
....He said it was "almost as though the referendum had not taken place" and that people's spending power had not been "materially dented" in 2016. But he added there were "reasonable grounds" for thinking 2017 might be a "somewhat more difficult year" for the consumer as the fall in the exchange rate began to affect prices. ...
Railroaded commuters let rip, plus an electricity tariff priced on time of day image
....Save 10% on Guardian Travel Insurance, provided by Voyager – use the promo code WIN10 before 31 January 2017 to claim your discount. Get competitive exchange rates and free online transfers when you send money overseas with the Guardian Money Transfers service, provided by moneycorp. ...
Petrol and food prices expected to continue rising in 2017 image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 03:16:58 PM
....“However, we expect the general trend in inflation to be upwards over 2017. The magnitude of the exchange rate movement and commodity price rises combined with the increasing costs of doing business means that retailers will have little choice other than to pass on some of these rising costs into prices but the effect will be lessened by the intensity of competition. ...
UK manufacturing on 'strong footing' image
Source : BBC [Read Article] Tuesday 3rd of January 2017 10:27:34 AM
....5%, a surprisingly robust pace given the lacklustre start to the year and the uncertainty surrounding the EU referendum. "The boost to competitiveness from the weak exchange rate has undoubtedly been a key driver of the recent turnaround, while the domestic market has remained a strong contributor to new business wins. ...
Business confidence stabilises but Brexit jitters linger image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 12:01:38 AM
....This was driven by a big increase in the net balance of companies expecting stronger exports to Asia Pacific and the Middle East, which went up by 11 and 7 points respectively. Businesses said the exchange rate was the most favourable for exports since the aftermath of the global financial crisis in 2009. ...
Happy new year? 2017 rings in more commuter misery and higher bills image
Source : Guardian [Read Article] Monday 2nd of January 2017 06:59:18 AM
....Spikes in prices on high street goods, ranging from milk and wine to headphones and TVs, are expected as retailers’ hedges against currency fluctuations – a form of insurance policy against movements in the pound – end. Apple Mac users saw raised prices on machines in October as the technology giant updated the cost in line with the low exchange rate between the dollar and sterling. ...
UK factories wary of sterling's fall and rising costs in new year image
Source : Guardian [Read Article] Monday 26th of December 2016 04:49:56 PM
Deutsche Bank reaches $7.2bn settlement with US in mortgages case image
Source : Guardian [Read Article] Friday 23rd of December 2016 05:16:46 AM
.... Three major probes remain. It still faces investigations into the alleged manipulation of foreign exchange rates, suspicious equities trades in Russia, as well as alleged violations of US sanctions on Iran and other countries. ...
The 2016 awards for worst customer service, plus homes for Christmas walks image
Source : Guardian [Read Article] Thursday 22nd of December 2016 02:16:49 PM
....We’re £15,500 out of pocket after a Lloyds blunder over house sale. If you’re planning to send money overseas for Christmas get competitive exchange rates and free online currency transfers from Moneycorp, provider of the Guardian money transfer service. ...
FTSE 100 edges higher but Capita leads the fallers image
Source : Guardian [Read Article] Wednesday 21st of December 2016 09:37:58 AM
....Carnival is also lower, down 53p at £40. 92 after the cruise ship operator said higher fuel costs and exchange rates would hit its results in 2017, although it did report better than expected fourth quarter figures. ...
Six-year-old spends £734 on TV shows, plus the people who don't shop image
Source : Guardian [Read Article] Thursday 15th of December 2016 01:28:39 PM
.... One told Guardian Money how he feels that he and other investors are being “vilified”. If you’re planning to send money overseas for Christmas get competitive exchange rates and free online currency transfers from Moneycorp, provider of the Guardian money transfer service. ...
Bank of England leaves UK interest rates on hold at 0.25% image
Source : Guardian [Read Article] Thursday 15th of December 2016 12:09:10 PM
....The pound fell after the minutes said inflation may not rise as quickly as it expected in the near-term. “Since the Committee’s previous meeting, sterling’s trade-weighted exchange rate has appreciated by over 6%, while dollar oil prices have risen by 14%. ...
Inflation hits highest level in more than two years image
Source : Guardian [Read Article] Tuesday 13th of December 2016 09:35:40 AM
....Economists said the rise in the headline inflation rate suggested a weaker pound was pushing up consumer prices by making imports more expensive. Alan Clarke, economist at Scotiabank, said: “There was a scattering of monthly increases for exchange rate sensitive components that were higher than the seasonal norm. ...
Sports Direct chairman lambasts critics as profits fall image
Source : BBC [Read Article] Thursday 8th of December 2016 07:26:28 AM
....Chief executive Mike Ashley said the past six months had been "tough for our people and performance". Announcing the company's results, Mr Ashley said: "Our UK sports retail business continues to be the engine of Sports Direct, but our results have been affected by the significant deterioration in exchange rates, and our assessment of our risk relating to our stock levels and European stores performance. ...
Thomson to launch final TV ad before Tui rebrand image
Source : Guardian [Read Article] Wednesday 7th of December 2016 02:08:09 PM
....The new advertising campaign is gearing up for so-called “Sunshine Saturday” – the second Saturday in January – which typically attracts large numbers of holiday bookings from consumers wanting to cheer themselves up with a break. With UK customers’ spending money squeezed due to exchange rate volatility, the group expects all-inclusive holidays – which account for 60% of First Choice’s business – to continue to be popular next year. ...
UK service sector growth 'continues to strengthen' image
Source : BBC [Read Article] Monday 5th of December 2016 10:35:41 AM
....IHS Markit said price inflation for goods bought by service sector firms eased last month but remained "sharp". It said companies blamed inflationary pressures on "the weak sterling exchange rate driving up import costs such as food, higher fuel prices, international travel (again linked to exchange rates) and rising labour costs". ...
Brexit vote dents British demand for Spanish property image
Source : Guardian [Read Article] Friday 2nd of December 2016 03:17:29 PM
....”. Stucklin pointed out that the market had always closely mirrored the fluctuation in the pound-to-euro exchange rate. ...
Petrol prices to rise, plus government to act on ground rent abuse image
Source : Guardian [Read Article] Thursday 1st of December 2016 12:06:22 PM
.... Miles Brignall looks at what happens next for gas and electricity customers. Get competitive exchange rates and free online currency transfers from moneycorp, providers of the Guardian money transfer service, provided by Moneycorp. ...
Manufacturing growth slows as weak pound pushes up prices image
Source : Guardian [Read Article] Thursday 1st of December 2016 10:33:47 AM
....He said the expansion was underpinned by rising consumer demand and spending by businesses, but noted that the trend in new orders for investment goods such as factory parts and machinery had eased sharply in the fourth quarter. The weaker pound has boosted export orders, he said, but added: “The concern is that higher costs may in time offset any positive effect of the weaker exchange rate, especially given that export order book growth has already waned markedly from September’s five and a half year high. ...
UK manufacturing sector growth 'slows in November' image
Source : BBC [Read Article] Thursday 1st of December 2016 10:24:02 AM
.... . "The concern is that higher costs may in time offset any positive effect of the weaker exchange rate, especially given that export order book growth has already waned markedly from September's five-and-a-half year high," said senior Markit economist Rob Dobson. ...
UK petrol prices set to rise after Opec deal image
Source : Guardian [Read Article] Thursday 1st of December 2016 08:35:42 AM
....com. Williams noted that the sterling-dollar exchange rate was also crucial – as oil is traded in dollars a weaker pound can push prices in the UK up, as has happened since the Brexit vote in late June. ...
National Living Wage: OECD urges caution over increase image
Source : BBC [Read Article] Monday 28th of November 2016 11:03:16 AM
....The OECD said the UK's labour market had been "resilient", although job creation had moderated recently. "Real wages have been growing at a time of low inflation, but the fall of the exchange rate has started to increase price pressures," it said. ...
Rosberg revs up image
Source : BBC [Read Article] Sunday 27th of November 2016 02:49:56 PM
....This summer Rosberg was listed 98th in Forbes' index of the world's 100 richest sports people, with estimated total annual earnings of $21m (£14. 5m at June exchange rates). ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....5% in the third quarter of 2016, more than twice the share of the year before. But this surge has raised fears that a sharp drop in property prices would cause many new loans to go bad, causing a domino effect on interest rates, exchange rates and commodity prices that “could turn out to be a global macro event”, ANZ analysts said in a note. ...
Rising costs image
Source : BBC [Read Article] Friday 25th of November 2016 10:14:35 PM
.... . He believes it is because of a shortage, made worse by the exchange rate. ...
How to avoid Ryanair’s £1bn of pricey extras … and fly for free image
Source : Guardian [Read Article] Friday 25th of November 2016 10:30:00 AM
....69 (£40. 71 at current exchange rates), according to the company’s 2016 annual report, while the average cost of a ticket is €46. ...

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