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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 2nd July 2020

By Tereos

2nd July 2020

STERLING WEAKENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 06 July 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.90225 creating a negative monetary gap against the current artificial USCR (£0.89943) of -0.314%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 06 July, and the USCR and reference

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