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Exchange Rate Updates

Some Advice on Research and Budgeting

Before you carry out an overseas money transfer, it can be extremely beneficial to check out the current exchange market in order to give yourself an idea of how strong your currency is at the moment. Whether or not you understand a lot about how the exchange market works, doing this will enable you to …

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Quantitative easing dominates currency exchange markets

As expected the Bank of England (BoE) left interest rates unchanged at 0.5% with no additional quantitative easing (QE) at this month’s Monetary Policy Committee (MPC) meeting. Many analysts thought that further QE may have been announced, however

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The Importance of Knowing About Charges for International Money Transfers

It can be easy to ignore any charges you may be given when making international money transfers, since it is likely you are much more focused on the potentially large sum of cash you are actually transferring, buy many international money transfer companies, as well as banks, will charge you fees or commission, and it …

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Why You Need a Dedicated Currency Broker for Overseas Money Transfers

Making an overseas money transfer can be a tricky business, and therefore you need everything you can get to make the process easier and more cost-effective. Currency brokers are essential parts of the process, especially if you partake in a lot of foreign trade. A currency broker is someone who takes your money and exchanges …

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Why yYou Should Plan Ahead When Making a Foreign Money Transfer

With most things in life, planning ahead will make things easier on yourself when the time comes to actually do what you had planned – and making a foreign money transfer is no exception. If you start thinking about it early, you will not only make things easier on yourself, but you will also be …

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The Basics of Foreign Currency Exchange

No matter why you need foreign currency exchange, it is important that you understand it at least on a very basic level. Foreign currency exchange is a complex area and is one which many people spend their lives working in. Different currencies are used in different countries to buy goods and services, therefore when buying …

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What You Need To Know About Foreign Exchange Rates

In modern business, foreign exchange rates are very important. Because of this, if you have a business, it is always a good idea to keep your eye on what the exchange rates are. It is also a good idea to make sure you understand a little about how foreign exchange rates work. The currency exchange …

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The Basics About How Money Transfer Services Work

If you are intending on using money transfer services to send large sums of cash to a client or company, it is always helpful to understand a little about how a money transfer actually works. Money transfers can take many different forms, although the most common (by far) are international wire transfers (which is also …

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The Important Points To Consider About Exchange Rates For International Money Transfers

Most companies these days need to make international money transfers. World trade is more important than ever if you want your business to be successful, and as a result, exchange rates hold a great deal of importance for companies. It is therefore essential you know how to get yourself the best deal possible, so your …

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The Value Of Forward Contracts When Sending Money Abroad

When sending money abroad, it is likely you will find yourself worrying about foreign exchange rates and how you may lose out as a result. Exchange rates are constantly changing and if you get a good deal today, you may not get it tomorrow. When sending large amounts of money abroad, any small fluctuations can …

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