News

Let us begin as usual with the rates against the US dollar. Last time we left things on 1.5404 and by Monday evening we had improved this to 1.5500. This was certainly a good start and we also managed to keep it up. The final figure for Tuesday evening for the British pound versus the US dollar was 1.5548.

The first result was certainly a good one, as we finished on Wednesday night with a rate of 1.5268. This slipped slightly the following day to 1.5246 but then on Friday we finished in fine fashion, ending the week on a much healthier 1.5404.

So we have a starting figure of 1.5378 to go with here against the US dollar, but unfortunately we did not get good news on Monday evening. Instead we had a closing rate of 1.5274 to contend with, losing around a cent in just twenty four hours.

The week started on some good news for the British pound, as it climbed from its opening rate against the US dollar of 1.5110. By the time Wednesday evening arrived it was on 1.5225 instead.

So another week begins and we start by checking whether the pound could improve its situation against the US dollar. The opening rate on Monday morning was 1.5116 but by the time the evening rolled around we had already lost some ground, leaving us on 1.5032.

First we begin with the US dollar and a closing rate of 1.5164. From there we saw the pound drop slightly the following day, as it fell to 1.5106. This wasn’t looking too promising and even though we saw a rally the next day, the week closed on an exchange rate of 1.5116.

The starting point against the US dollar was 1.5206 and we didn’t get off to the best start here. We dropped back to 1.5143 the following day before regaining some of our losses and finishing on Tuesday night on 1.5164.

It would turn out to be a few days of mixed fortunes for the pound against the Hong Kong dollar as well. From a starting rate of 11.717 we would now find ourselves dropping back to 11.688 by the end of the following day. Luckily we were able to recoup our losses by the end of the week, as Friday saw a surge that ended with the pound being worth 11.850.

Our starting exchange rate against the New Zealand dollar was 2.1153, but by the end of Monday this had changed in our favour to 2.1228. But the biggest surprise was still to come, as the pound kept firmly on its winning streak and finished up with a rate of 2.1691 by Tuesday evening. This meant we could add on nearly another five and a half cents to the three and a quarter cents we had successfully added on last week.

Let’s move on to the Hong Kong dollar now to see what we could achieve there. From a starting rate of 11.436 we were soon looking at a changed rate of 11.598 just one day later. And it followed the pattern we had seen elsewhere too, as the rate went up again to 11.654 the next day. Friday saw the familiar dip to 11.611, which meant we had added on 0.175 over the final stage of the week.