UK POUND STERLING REACHES 22 MONTH HIGH AGAINST THE EURO

UK POUND STERLING REACHES 22 MONTH HIGH AGAINST THE EURO

Sterling at a 22 month high against Euro

The UK Pound GBP is currently riding the crest of a wave against the Euro recently reaching a 22 month high. This is probably due to the potential rises in UK interest rates, which will continue to boost the strength of sterling against major currencies.

Speaking in Quesada today a Citrine Spokesperson said "This welcomed strength of the UK Pound is great news for Buyers looking to acquire their Spanish property, with rates at an almost 2 year high it makes sense to go after the Spanish property that maybe you have been waiting on for rates to improve".

Citrine Real Estate would be very pleased to offer some initial opinions and advice on the market here in Spain for potential Buyers. Please contact us today for a non pressure chat about your needs.

Source: XE.

9 Aug 2014

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