The exchange rates are listed at the bottom of this article. Please note they are for indication only. For a live quote please contact us.
Sterling fell this morning and was headed for a fourth consecutive week of losses as British Prime Minister Theresa May pressed ahead with plans for a parliamentary vote on her Brexit deal with the European Union, despite warnings it could topple her government.
Sterling’s near-term fate hangs on whether May can win a majority for her Brexit deal in a vote on Dec. 11 that will define Britain’s departure from the EU scheduled for March.
The odds look stacked against her getting the deal through a deeply divided parliament.
The Times newspaper reported on Thursday that senior ministers were urging May to delay the vote for fear of a rout, but her spokesman has said it would go ahead as planned.
A defeat on Tuesday could open up a series of different outcomes to Britain’s departure from the EU — each with its own impact on sterling — ranging from leaving without the deal to holding a second referendum on membership.
The growing chance of averting Brexit altogether — potentially via a second referendum — has led some investors to start pricing out the prospect of a damaging “no deal” departure from the EU.
GBP/EUR 1.1215
GBP/USD 1.2748
GBP/AED 4.6759
GBP/AUD 1.7652
GBP/CHF 1.2668
GBP/CAD 1.7080
GBP/NZD 1.8525
EUR/USD 1.1359
GBP/ZAR 18.026