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Pounds Dinar with Currency Today

Currency Today are a UK based FX currency broker specializing in Pounds Dinar for corporate and domestic clients. Contact us for the very best exchange rates for Pounds Dinar and all your exchange money needs.

Interbank foreign exchange rates:

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Updated Monday 12th May 2008

EURO / GB POUND 0.7909
GB POUNDS / EURO 1.2643
BRITISH POUND / US DOLLAR 1.9469
EURO / US DOLLAR 1.5390
GB POUND / JAPANESE YEN 201.56
GBP/AUD 2.0710
GBP/NZD 2.5401
GBP/ZAR 14.8936
GBP/CHF 2.0404
GBP/CAD 1.9629
GBP/SGD 2.6679
GBP/THB 62.32
GBP/HKD 15.1769

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Competitive - Executing millions of pounds worth of transactions a year provides clients access to a range of suppliers including banks and liquidity providers
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Teamwork - Our employees and departments work hard to ensure your Pounds Dinar money transfer experience is as smooth and hassle free
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Wednesday 25/04/2007

• Dollar hurt on the back of home sales and consumer confidence
• BoE Governor King looking for sharp drop in UK inflation
• Euro-dollar approaches all-time highs
• Spain’s IBEX falls on property boom worries
• Swiss Bank’s Roth sees wage pressures adding to inflation
• Oil trades up amid supply worries with accusations of vote rigging

US Dollar:

Following a fairly decent performance yesterday morning the dollar gave back it’s gains and more as US data
came in sharply weaker than expected. Consumer confidence fell to 104 from 108.2 caused primarily by worries
in the housing sector. These worries were compounded when existing home sales came in much weaker,
plunging 8.4%.
This morning the dollar looks weak as the Euro-dollar cross looks like it will break all-time highs. Cable is
buoyant this morning having broken above 2 quite convincingly late yesterday. Traders today are looking to
durable goods and home sales data this afternoon for any signs of weakness to push the dollar lower.

Pound:

Mixed fortunes for the pound yesterday as it traded up against the dollar but down against the Euro. The main
reason for the weakness was unwinding of sterling-yen positions from carry trade. These were quickly reversed
as cable picked up through 2 again. The sell-off against the Euro was caused by a sharp rally in the
Euro-dollar cross which saw aggressive Euro-strength versus other currencies.
MPC members yesterday had to explain to Gordon Brown what they intended to do about the rising inflation.
Governor King did note that he saw a sharp pullback in inflation in the latter half of 2007. This seemed to
cement expectations that rates will go to 5.5% sooner rather than later. Today we have 1st Quarter GDP data
which is expected to show a small drop from 3% to 2.8%.

Euro:

A good show from the Euro yesterday as we saw heavy strength primarily against a weakening dollar. Sterling
Euro broke below 1.47 and has held thus far and this morning Euro-dollar looks to be heading for all-time
highs. Swiss National Bank’s Roth added to the inflation debate by commenting that he saw inflationary pressures
stemming from wage pressures primarily.

General News:

• The Nikkei took a bit of a hit in overnight trade as worries about the strength of the US economy following
the drop in data yesterday.
• Yesterday the Spanish stock index (IBEX) dropped sharply as fears of the 10-year property boom may
be coming to an end. One of Spain’s largest real estate firms said that the property market may be
wobbling.
• Oil was fairly flat yesterday as oil traders await the weekly US stock data due this afternoon. This
morning we are trading at $64.69.

Interbank foreign exchange rates:
Updated 25th April 2007
GBP/USD 2.0044
GBP/EUR 1.4687
EUR/USD 1.3645
GBP/JPY 237.36
GBP/AUD 2.4052
GBP/NZD 2.6835
GBP/ZAR 14.0549
GBP/CHF 2.4087
GBP/CAD 2.2473
GBP/SGD 3.0281
GBP/THB 63.742
GBP/HKD 15.6628

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