Foreign Exchange

Managing financial risk with hedging, and use of foreign exchange fluctuations to mitigate likely losses when trading abroad. If you’re in business, then you are involved risk management. An often overlooked area of risk management is the skill of managing your supplier payments when purchasing other currencies. Most CEO’s, Finance directors, or MD’s simply pick the phone up and call their bank for a spot price on a currency exchange rate and make one comparison. Inevitably, they choose their... more

Why become a Foreign Exchange introducer? The benefits are numerous. If you are in a business where your clients have a need to buy foreign currency, then we are the right partner for you. Our Foreign  Exchange business is well established, it trades over 350 Million GB Pounds a year for clients, it caters for everything from cruise ship payroll’s worldwide to the smallest house depostit money transfer. We take care of clients for foreign exchange introducers who do everything from car imports,... more

Sterling Forecast for April 21 2009 CBI Predicts Slow Recovery A pattern usually seen with Sterling this year yesterday’s trading saw many of the gains made over the course of last week lost again losing 0.80% against the Euro and a whopping 1.67% against the Dollar. The majority of the losses appear to be down to a report released by the CBI (Confederation of British Industries) predicting that we should see growth in the economy again in Spring of 2010 but any recovery will be ‘”slow... more

Currency Code GBP/1 Unit Units/1 GBP Utd. Arab Emir. Dirham AED 0.1859 5.3838 Australian Dollar AUD 0.4859 2.0596 Brazilian Real BRL 0.3094 3.2544 Canadian Dollar CAD 0.558 1.7935 Swiss Franc CHF 0.5839 1.7135 Egyptian Pound EGP 0.1221 8.3218 Euro EUR 0.886 1.1292 Hong Kong Dollar HKD 0.08809 11.3572 Indian Rupee INR 0.01358 74.1071 Japanese Yen JPY 0.006917 144.658 Polish Zloty PLN 0.2023 4.954 Russian Rouble RUB 0.02029 49.7213 Thai Baht THB 0.0193 52.2766 US Dollar USD 0.6826 1.4653 East... more