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With the UK general election fast approaching, when is a good time to buy currency?

12th June 2017

The good news is that Sterling is trending up today after a long bank holiday, with the interbank market around 1.1530. With the UK general election just over a week away, markets will be watching the election closely. If labour win this would come as a shock to the pound, as it would likely increase uncertainty around brexit negotiations and as a result weaken the pound. So when's the best time to buy your currency in uncertain times? Well, in times of volatility around major events it's often worth hedging your bets by buying half of your currency now and half later. That way you benefit from the higher exchange rate on at least half your currency. Keep your eyes peeled though

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Travellers Secrets, Warrenpoint Co.Down

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Luke Curran and Co. Solicitors, Newry, Co.Down

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Dalzell's, Markethill Co.Armagh.

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Milestone Supermarket, Rathfriland, Co.Down