July 2016 currency news archive

Exchange rate developments and the events behind them. Each report is dated so you can see when it was published.

These reports were published in July 2016. For current indicative exchange rates, use the currency converter.

Pound (GBP) Rallies on Monday as Theresa May Named Next UK PM

Pound Sterling (GBP) The Pound surged upwards on Tuesday, extending on its Monday rally following news that Britain’s next Prime Minister would be in office far quicker than expected. The UK’s Conservative leadership contest…

Pound Sterling Crashes as BoE Paints Gloomy Picture

Pound Sterling (GBP) Sterling has been in a widespread state of decline against its peers today, on account of the major Bank of England (BoE) news consisting of a warning-laden report on the current…