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Guest HIFX plc

Aussie & Kiwi Dollar update !!

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    Guest HIFX plc

    Aussie & Kiwi Dollar update !!

     

     

    Overnight we have seen massive moves in the commodity currencies on the back of volatility in the US Dollar and global equity markets

     

     

    In less than 2 weeks the GBP/AUD rate has gone from a low of around

    2.31 to its current level 2.51 (Interbank).

     

     

    Similar gains have occurred against the NZ$ with the latest rate of

    2.90, approx 15% higher than its low point of 2.55 earlier this year.

     

    Should you have any further questions, please feel free to contact a member of the migration team on 01753 859 159 or email migration@hifx.co.uk

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