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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 12th August, 2021

By Tereos

12th August 2021

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 16 August 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.84743 creating a positive monetary gap against the current artificial USCR (£0.85525) of 0.914%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 16 August, and the USCR and reference

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