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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 4th June 2020

By Tereos

4th June 2020

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 08 June 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.89685 creating a negative monetary gap against the current artificial USCR (£0.89943) of 0.287%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 08 June, and the USCR and reference

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