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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 7th October, 2021

By Tereos

11th October 2021

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 11 October 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85023 creating a positive monetary gap against the current artificial USCR (£0.85718) of 0.811%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 11 October, and the USCR and reference

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