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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 25th February, 2021

By Tereos

25th February 2021

STERLING STRENGTHENS AGAINST THE EURO – £5.45/t PRICE DECREASE TO UK SUGAR PRICES FROM MONDAY 01 March 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.86408 creating a positive monetary gap against the current artificial USCR (£0.87755) of 1.535%, outside the +/- 1% threshold. Therefore, there will be a £-5.45 per tonne decrease to UK Sugar Prices from Monday 01 March, and the

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