Is Greece trying to default on the loan to European Central Bank

Published on May 19, 2011 by compare   ·   No Comments

The latest currency rates shown for today Thursday 19th May. Below are based on today’s Interbank rates at 07.15 AM. Please contact us for current live rates and an individual quotation or to get the best foreign exchange quotation you should consider using our comparison website to see who to use voted by you

Currency Pair Currency Description Currency Rate
AUDEUR AUSTRALIAN DOLLAR – EURO 0.7473
AUDGBP AUSTRALIAN DOLLAR – STERLING POUND 0.6579
AUDUSD AUSTRALIAN DOLLAR – US DOLLAR 1.0645
CADUSD CANADIAN DOLLAR – US DOLLAR 1.0332
EURGBP EURO – STERLING POUND 0.8800
EURMUR EURO – MAURITIUS RUPEE 38.6300
EURUSD EURO – US DOLLAR 1.4234
EURZAR EURO – SOUTH AFRICAN RAND 9.8534
GBPAED STERLING POUND – UAE DIRHAM 5.9286
GBPAUD STERLING POUND – AUSTRALIAN DOLLAR 1.5193
GBPBGN STERLING POUND – BULGARIAN LEV 2.2214
GBPCAD STERLING POUND – CANADIAN DOLLAR 1.5655
GBPCHF STERLING POUND – SWISS FRANC 1.4271
GBPCZK STERLING POUND – CZECH KORUNA 27.8250
GBPDKK STERLING POUND – DANISH KRONE 8.4716
GBPEUR STERLING POUND – EURO 1.1360
GBPHKD STERLING POUND – HONG KONG DOLLAR 12.5770
GBPHUF STERLING POUND – HUNGARY FORINT 304.2400
GBPILS STERLING POUND – NEW ISRAELI SHEKEL 5.6766
GBPINR STERLING POUND – INDIAN RUPEE 72.8230
GBPJPY STERLING POUND – JAPANESE YEN 132.4400
GBPKWD STERLING POUND – KUWAITI DINAR 0.4432
GBPMAD STERLING POUND – MOROCCAN DIRHAM 12.4750
GBPMUR STERLING POUND – MAURITIUS RUPEE 43.3230
GBPNOK STERLING POUND – NORWEGIAN KRONE 8.9650
GBPNZD STERLING POUND – NEW ZEALAND DOLLAR 2.0442
GBPOMR STERLING POUND – OMANI RIAL 0.6201
GBPPLN STERLING POUND – POLISH ZLOTY 4.4467
GBPRON STERLING POUND – ROMANIAN NEW LEI 4.6722
GBPSAR STERLING POUND – SAUDI ARABIA RIYAL 6.0610
GBPSEK STERLING POUND – SWEDISH KRONA 10.2047
GBPSGD STERLING POUND – SINGAPORE DOLLAR 2.0033
GBPSKK STERLING POUND – SLOVAK KORUNA 36.9530
GBPTHB STERLING POUND – THAI BAHT 48.8250
GBPTRY STERLING POUND – TURKISH NEW LIRA 2.5457
GBPUSD STERLING POUND – US DOLLAR 1.6176
GBPZAR STERLING POUND – SOUTH AFRICAN RAND 11.1882
USDMUR US DOLLAR – MAURITIUS RUPEE 27.1480

New Zealand’s currency did well yesterday as statistics showed there was a 2.2% increase in producer input prices in the first quarter of this year. The Canadian dollar lost ground as expectations of an increase in interest rates fell against many of its major counterparts and even hit a seven-week low against the US dollar. It hit a low of 97.26 cents. There is speculation that the Canadian dollar will decline to $1.05 against the US dollar by the end of year.

The pressure is heating up over the debate in the Euro zone due to the Greek debt with the European Central Bank being at odds with the politicians. The ECB is taking a hard-line in that any change to repayment dates is a default whereas the politicians want to present it as a “restructuring”. With Greek now facing a win or lose situation what will the outcome be and if Greece is done for defaulting the loan how will it affect the country. Despite this the euro still continues to outshine sterling giving the increasing interest rate environment and the strong growth being enjoyed by Germany and France. Call in now to get the latest rate.

The latest currency rates shown for today Thursday 19th May. Below are based on today’s Interbank rates at 07.15 AM. Please contact us for current live rates and an individual quotation or to get the best foreign exchange quotation you should consider using our comparison website to see who to use voted by you

Currency Pair Currency Description Currency Rate
AUDEUR AUSTRALIAN DOLLAR – EURO 0.7473
AUDGBP AUSTRALIAN DOLLAR – STERLING POUND 0.6579
AUDUSD AUSTRALIAN DOLLAR – US DOLLAR 1.0645
CADUSD CANADIAN DOLLAR – US DOLLAR 1.0332
EURGBP EURO – STERLING POUND 0.8800
EURMUR EURO – MAURITIUS RUPEE 38.6300
EURUSD EURO – US DOLLAR 1.4234
EURZAR EURO – SOUTH AFRICAN RAND 9.8534
GBPAED STERLING POUND – UAE DIRHAM 5.9286
GBPAUD STERLING POUND – AUSTRALIAN DOLLAR 1.5193
GBPBGN STERLING POUND – BULGARIAN LEV 2.2214
GBPCAD STERLING POUND – CANADIAN DOLLAR 1.5655
GBPCHF STERLING POUND – SWISS FRANC 1.4271
GBPCZK STERLING POUND – CZECH KORUNA 27.8250
GBPDKK STERLING POUND – DANISH KRONE 8.4716
GBPEUR STERLING POUND – EURO 1.1360
GBPHKD STERLING POUND – HONG KONG DOLLAR 12.5770
GBPHUF STERLING POUND – HUNGARY FORINT 304.2400
GBPILS STERLING POUND – NEW ISRAELI SHEKEL 5.6766
GBPINR STERLING POUND – INDIAN RUPEE 72.8230
GBPJPY STERLING POUND – JAPANESE YEN 132.4400
GBPKWD STERLING POUND – KUWAITI DINAR 0.4432
GBPMAD STERLING POUND – MOROCCAN DIRHAM 12.4750
GBPMUR STERLING POUND – MAURITIUS RUPEE 43.3230
GBPNOK STERLING POUND – NORWEGIAN KRONE 8.9650
GBPNZD STERLING POUND – NEW ZEALAND DOLLAR 2.0442
GBPOMR STERLING POUND – OMANI RIAL 0.6201
GBPPLN STERLING POUND – POLISH ZLOTY 4.4467
GBPRON STERLING POUND – ROMANIAN NEW LEI 4.6722
GBPSAR STERLING POUND – SAUDI ARABIA RIYAL 6.0610
GBPSEK STERLING POUND – SWEDISH KRONA 10.2047
GBPSGD STERLING POUND – SINGAPORE DOLLAR 2.0033
GBPSKK STERLING POUND – SLOVAK KORUNA 36.9530
GBPTHB STERLING POUND – THAI BAHT 48.8250
GBPTRY STERLING POUND – TURKISH NEW LIRA 2.5457
GBPUSD STERLING POUND – US DOLLAR 1.6176
GBPZAR STERLING POUND – SOUTH AFRICAN RAND 11.1882
USDMUR US DOLLAR – MAURITIUS RUPEE 27.1480

New Zealand’s currency did well yesterday as statistics showed there was a 2.2% increase in producer input prices in the first quarter of this year. The Canadian dollar lost ground as expectations of an increase in interest rates fell against many of its major counterparts and even hit a seven-week low against the US dollar. It hit a low of 97.26 cents. There is speculation that the Canadian dollar will decline to $1.05 against the US dollar by the end of year.

The pressure is heating up over the debate in the Euro zone due to the Greek debt with the European Central Bank being at odds with the politicians. The ECB is taking a hard-line in that any change to repayment dates is a default whereas the politicians want to present it as a “restructuring”. With Greek now facing a win or lose situation what will the outcome be and if Greece is done for defaulting the loan how will it affect the country. Despite this the euro still continues to outshine sterling giving the increasing interest rate environment and the strong growth being enjoyed by Germany and France. Call in now to get the latest rate.

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