Rate Alert: Sterling’s growth continues

 
Rate Alert: Sterling’s growth continues

The pound continues to make steady gains against the euro as Italy’s budget dilemma continues after the EU revealed its plans to increase spending, adding to its already massive debt pile of some 130% of the GDP.

The pound’s strength started last week after some optimism on the Brexit deal. The feeling continues this week with expectations running high ahead of the meeting of EU leaders on October 17.

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Mar Bonnin-Palmer is a Senior Key Account Manager at Moneycorp and regular contributor to French Entrée Magazine. During her career as a lawyer based in London dealing mainly with British clients buying a property in Spain, Mar became very familiar with the process of purchasing abroad. Since 2006 she has been fully devoted to foreign exchange, dealing with private individuals and companies that need to make international payments.

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