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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 22nd April, 2021

By Tereos

22nd April 2021

STERLING WEAKENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 26 April 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.86855 creating a negative monetary gap against the current artificial USCR (£0.86408) of -0.517%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 26 April, and the USCR and reference

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