Inflation Report Tomorrow

28 July, 2011


At 10.30 tomorrow morning, the Bank of England’s quarterly inflation report is published.

This could have profound effects on sterling’s value in the currency markets, particularly after last week’s decision by the Bank to extend quantitative easing by £50bn.

The likelihood is that inflation figures will be low – which usually causes the Pound to fall.

Contact Currency Index tomorrow morning if you need to send money abroad and are worried about exchange rates falling – you can call us on 0800 043 2623 from around 8.30am.