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Pound Euro (GBP/EUR) Exchange Rate Rises on Sliding German Consumer Confidence
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Pound US Dollar (GBP/USD) Exchange Rate Edges Higher as US Manufacturing PMI Underwhelms
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Pound Euro Exchange Rate Dips as UK Factories Face Shortages and Rising Costs
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Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as US-China Relations Sour
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May 27, 2021 - Written by John Cameron
GBP/NZD Exchange Rate Sinks as UK Hospitality Sector Remains ‘Far From a Champagne Moment’
The Pound New Zealand Dollar (GBP/NZD) exchange rate dipped by -0.1% today after business leaders urged Prime Minister Boris Johnson for fresh support to help the hospitality sector recover from the extended Covid-19 lockdown this year. The pairing is currently trading around NZ$1.93.
The Pound dipped today as concerns remain for the UK economy with the hospitality sector expected to boom in summer. But many business leaders, including Kate Nicholls, the chief executive of UK hospitality, said that the sector was ‘far from a champagne moment’.