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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 30th December, 2021

By Tereos

30th December 2021

STERLING STRENGTHENS AGAINST THE EURO – £4.88 PRICE DECREASE TO UK SUGAR PRICES FROM MONDAY 03 January 2022

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8393 creating a positive monetary gap against the current artificial USCR (£0.85135) of 1.415%, outside the +/- 1% threshold. Therefore, there will be £-4.88 per tonne decrease to UK Sugar Prices from Monday 03 January, and the USCR

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