Archive - July 3, 2016

How to Purchase British Pounds

How to Purchase British Pounds

The reverberations of the Brexit vote are being felt worldwide, and the British Pound Sterling (GBP) has declined sharply against all major currencies. It is currently at a 30 year low against the U.S. dollar (USD). Not surprisingly, the top trending searches on Google in the United States is “how to purchase British Pound Sterling.” As of today (June 27, 2016) it costs $1.32 (USD) to buy one GBP, that is down from $1.60 less than a year ago and $2.10 at its peak in 2007. Naturally, Americans recognize a bargain when they see it, especially entering the peak travel

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