29
May

Today’s Foreign Exchange Rates

Sterling fell on Thursday, extending losses against the dollar after a record fall in UK house prices provided more evidence that the domestic housing market is deteriorating.

British house prices fell 2.5 percent in May, the biggest drop ever, figures from the Nationwide Building Society showed on Thursday, heightening concerns that a property market downturn may transform into a crash and further weaken the economy

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GLOBAL CURRENCY EXCHANGE NETWORK - DAILY CURRENCY NEWS

CURRENCIES

HIGH

LOW

GBP-EUR

1.2661

1.2402

GBP-USD

1.9819

1.9617

EUR-USD

1.5663

1.5406

EUR-GBP

0.8063

0.7898

GBP-EGP

10.529

10.406

GBP-TRY

2.42

2.3611

GBP-AED

7.2756

7.1588

EUR-AED

5.74

5.6010

USD-AED

3.672

3.6526

USD-EGP

5.33

5.2039

n.b these are just indication rates as of 8.30am on Thursday 29th May 2008

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