Sterling/Euro Hits Best Level Since Pandemic

The pound has reached its highest level against the euro since February 2020, before the onset of the Covid pandemic.

The pound has been climbing in recent days thanks to the easing of fears surrounding the Omicron variant, and whispers of a further interest rate rise from the Bank of England at its February meeting.

In contrast, the euro has struggled with ongoing restrictions across parts of the continent, and an insistence from the European Central Bank that rates are to remain frozen.

If you are in the process of buying a property in France and need to exchange your funds into euros it might be a good moment to get some understanding of the best way to plan for the different payments involved.

French Entrée works with foreign exchange specialist moneycorp to help you achieving good rates and get some free expert guidance. You can register for free with Moneycorp by clicking here or find out more about your options in our Currency Exchange zone.