Pound Australian Dollar (GBP/AUD) Exchange Rate Rises as UK Car Sales Rallied in April
May 5, 2021 - Written by John Cameron GBP/AUD Exchange Rate Edges Higher on UK Economic Optimism The Pound Australian Dollar (GBP/AUD) exchange rate rose today following the latest report from the UK’s Society of Motor Manufacturers and Traders (SMMT), which revealed that the nation’s car sales rallied in April. The pairing is currently fluctuating around AU$1.80. Analysts at Reuters commented on the SMMT report: ‘Last month, customers were able to buy cars in person from April 12 in England whilst delivery, click and collect and online services also facilitated purchases. Plants have c...
Source: currencynews.co.uk