- GBP outperforms at start of new week
- NZD to struggle says Barclays
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Bank transfer rates (indicative guide): 1.8760-1.8896
Money transfer specialist rates (indicative): 1.8828-1.9304
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A strong start to the new week for Pound Sterling means the UK currency is on the cusp of breaking to new 2021 highs against the New Zealand Dollar.
The Pound-to-New Zealand Dollar exchange rate (GBP/NZD) rose half a percent on Monday to trade at 1.9392, just shy off the 2021 high at 1.9418 which was reached on March 05 and February 18.
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Column: Alarm bells ring again for emerging debt
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