British Pounds to United Arab Emirates Dirham
The exchange rate between British Pounds and United Arab Emirates can fluctuate dramatically and rapidly depending on current financial and political climates.
It is important in a volatile market such as this to utilise currency experts to ensure you get the most value for your money exchange.
GBP to AED exchange rate – 3 month
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Pound Sterling forecasts slashed amid growing COVID concerns
Reading Time: 6 minutes Pound Sterling (GBP) is trading higher across the board on the first day of the new trading week but analysts have downgraded the currency’s medium-term forecast. The near term outlook for the British pound (GBP) is hinged on the US Federal Reserve’s interest rate decision at their upcoming policy meeting and coronavirus developments…
Pound Sterling’s in recovery mode but vulnerability lingers
Reading Time: 6 minutes Pound Sterling (GBP) recovers as global investor sentiment improves. A slowdown in the UK’s COVID case rate growth has also bolstered GBP exchange rates but vulnerability lingers, especially against the greenback. Technical charts point towards a bearish trend in the British pound to US dollar (GBP/USD) exchange rate with inflation concerns and Brexit tension raising concerns…
Pound Sterling pressured by UK’s worsening COVID situation
Reading Time: 7 minutes The British pound to US dollar (GBP/USD) exchange rate and the British pound to euro (GBP/EUR) exchange rate have collapsed amid ongoing signs that the UK’s coronavirus situation is deteriorating. Confirmation that UK government borrowing declined has prevented sharp losses but persisting Brexit tensions could drag pound Sterling (GBP) exchange rates lower…
Digital currencies – ECB to launch the e-euro
Reading Time: 8 minutes The European Central Bank (ECB) is set to launch a digital version of the euro (EUR) known as the e-euro. Keeping a close eye on the progress of cryptocurrencies such as Bitcoin, the ECB noted how the coronavirus pandemic had created a shift away from physical cash. The e-euro aims to launch within the next five years and looks to become a secure payment method across the Eurozone.
UK’s post-Brexit economy surging ahead of Freedom Day
Reading Time: 8 minutes A recent survey of Chief Financial Officers (CFOs) has revealed a shift in business focus, with companies focusing more on investment and growth instead of cost reduction measures. Although risks to the UK economy remain, most CFOs foresee solid growth thanks to COVID vaccine progress. However, inflationary pressures and concerns over easing lockdown restrictions prematurely are weighing on GBP…