Sterling hit a session high against the dollar today as UK retail sales figures were released. The figure was a weak figure, although not as weak as expected. The data added to expectations that the Bank of England may not cut interest rates in the coming months.
|
CURRENCIES |
HIGH |
LOW |
|
GBP-EUR |
1.2547 |
1.2252 |
|
GBP-USD |
1.9773 |
1.9476 |
|
EUR-USD |
1.5815 |
1.5583 |
|
EUR-GBP |
0.8162 |
0.7970 |
|
GBP-EGP |
10.525 |
10.243 |
|
GBP-TRY |
2.4841 |
2.3917 |
|
GBP-AED |
7.2484 |
7.1652 |
| EUR-AED |
5.8048 |
5.6336 |
|
USD-AED |
3.6719 |
3.6526 |
| USD-EGP | 5.3322 | 5.1902 |
n.b these are just indication rates as of 8.30am on Wednesday 21st May 2008