Sterling New Zealand Dollar close to 6 month high following earthquake – GBP high against most majors as investors look to pull funds back into safer havens.
by Daniel Wright on Feb.22, 2011, under Economic data, Predictions, Sterling strength
Good morning readers,
Terrible news over in New Zealand has led to an extremely volatile market this morning, especially regarding GBP – NZD – Rates had touched 2.16 at one point however right this second appear to have stabled out.
Overnight we saw a shift of 1.6% – A difference of nearly NZD7000 on a £200,000 purchase which is huge.
Should you have NZD to purchase and want to take full advantage of this, contact us today – you can even secure a rate on a forward basis for just a small deposit should you not have full acess to your funds.
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CISION – Indepentantly voted Pound Sterling Forecast in their top 25 corporate finance blogs in the country 2011!!
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