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Transfer sterling savings to Euros

Fiftyplus · 2019-01-09 13:06:07

Hi, With Brexit looming now considering transferring my sterling deposits (50k+) into euros. Reluctant at 90p current rate but concerned that sterling will weaken further in a no-brexit or hard-brexit scenario. Any advice? Thanks

09-01-2019 1:06pm

#1

Fiftyplus

Registered Users, Registered Users 2 Posts: 143 ✭✭

Join Date: October 2014

Posts: 95

Hi,

With Brexit looming now considering transferring my sterling deposits (50k+) into euros. Reluctant at 90p current rate but concerned that sterling will weaken further in a no-brexit or hard-brexit scenario. Any advice? Thanks

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Comments

#2 09-01-2019 1:22pm

Henry Ford III

Moderators, Business & Finance Moderators Posts: 17,856 Mod ✭✭✭✭

Join Date: January 2006

Posts: 17522

Hard to call.

If you think STG£ will weaken further it'd make some sense to do a deal on it now. Don't accept high street fx rates though - you can do much better.

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