What's Hot

    NYC Guide to Corporate Bus Rentals

    Top Investment Lessons You Can Learn From Gen Z

    New York Court Divorce FAQs

    Facebook Twitter Instagram
    Facebook Instagram
    Dir Book
    • Home
    • Business

      NYC Guide to Corporate Bus Rentals

      March 10, 2023

      Top Investment Lessons You Can Learn From Gen Z

      February 8, 2023

      Does Using Franchise CRM Software Really Accomplish Anything?

      December 20, 2022

      Tips To Find The Best Review Management Software?

      October 11, 2022

      2 Companies That Prove Recycling Can Be Profitable

      September 27, 2022
    • Internet
    • Education
    • SEO
    • About
    • Contact
    Dir Book
    Home»Business»Financial Services»Increase in British inflation has little impact on best exchange rates
    Financial Services

    Increase in British inflation has little impact on best exchange rates

    nickBy nick2 Mins Read
    Facebook Twitter

    In July, British inflation nudged upwards to 4.4 per cent on the Consumer Prices Index, 0.2 per cent higher than the previous month. This was well above the Bank of England’s inflation target of 2 per cent, but the foreign exchange markets barely registered the increase. This is in part because the threat of economic stagnation means that any action on UK interest rates is unlikely in the short term. However, it is also because the markets have been warned repeatedly that inflation is likely to be at 5 per cent by the end of 2011.

    At Compare Holiday Money, we enable travellers to compare exchange rates online. This means that their chance of securing a good deal is enhanced. Not only is there more choice available online than offline, but there is also the fact that companies which operate online have lower costs than ones which work in more traditional environments. As long as all the data is properly encrypted by a reputable company which is adequately regulated, there are real advantages in using the online alternative.

    The pound’s value fluctuates against a diversity of currencies, but many tourists are most concerned with its value relative to the euro or the American dollar. While the economy of the euro zone has been struggling to recover since the banking crisis began, the US economy has also been finding it problematic to gather momentum. Wrangling among the Washington elite has not helped and the consequence is that anaemic growth is the norm on both sides of the Atlantic.

    Taking into account this wider context as well as the factors particular to Britain, it can be understood that a small increase in UK inflation made little difference to the currency deals being made on the foreign exchanges. When one seeks to compare exchange rates, the more information one has the better. Doing a little research is inevitably time well spent.

    About Author

    The Article is written by compareholidaymoney.com providing best euro rates and best exchange rates Services. Visit http://www.compareholidaymoney.com for more information on compareholidaymoney.com Products & Services
    ___________________________

    Copyright information

    This article is free for reproduction but must be reproduced in its entirety, including live links & this copyright statement must be included. Visit compareholidaymoney.com for more services!

    Related posts:

    1. Women’s job prospects may be bolstered by new report
    2. Coping with Cutbacks
    3. How an income tax calculator could improve your business
    4. Choosing Tax Lawyer
    Share. Facebook Twitter

    Related Posts

    Top Investment Lessons You Can Learn From Gen Z

    The Way To Restore Quickbooks Errors 6176 Zero

    Comments are closed.

    • Latest Post

    NYC Guide to Corporate Bus Rentals

    Top Investment Lessons You Can Learn From Gen Z

    New York Court Divorce FAQs

    Does Using Franchise CRM Software Really Accomplish Anything?

    Follow On Instagram

    [instagram-feed showheader=false followcolor=#bb8100 num=9 cols=3 showbutton=false]

    RSS Blog Feed
    • Will the next iPhone charge wirelessly?
    • How 'America First' could turn into to 'India First'
    • Mexico ready to retaliate by hurting US farmers
    • Stocks hit record again. Is Trump the reason?
    • Apple stock nears record high
    About Me

    I’m Angeline (P.S. my friends call me Angie), a DIY and home interior obsessed US girl, and keen lover of travel, fashion, love and Italian food.I love travelling, enjoying amazing food and wine and style of all kinds. This is my happy place and really a creative corner of the world to share my simple, complex, entertaining and inexpensive projects, colourful lifestyle, budget travels ideas.

    Facebook Instagram
    Services
    • Construction and Maintenance
    • Consumer Goods and Services
    • Communications
    • Computers
    • Internet
    Coverage
    • Transportation and Logistics
    • safety and security
    • Software
    • Mobile-Cell-Phone
    • Business Services

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

      Copyright © 2006-2021 Dir Book.

      Type above and press Enter to search. Press Esc to cancel.