In 1999 the Euro was made the official currency of Ireland – but it only existed as ‘book money‘ for 3 years. After a transition period, Euro banknotes and coins were introduced in Ireland on 1 January 2002. With Ireland’s closest trading neighbour being the UK , the exchange rate between the Euro and Sterling […]
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Best Place to Buy Sterling in Ireland
During the Covid pandemic, travel was massively reduced and so was the need for foreign cash. However – now that overseas travel gets going again – if you are travelling to the UK you might want to bring some Sterling cash with you. Don’t assume that somewhere offering “commission-free” currency will give you the best […]
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Best Place to Buy US Dollars in Ireland
Best Place to Buy US Dollars in Ireland The Euro to US Dollar exchange rate changes every day – but by comparing the exchange rates offered on a specific day we can get a pretty accurate indicator of where is probably the best place to buy your US Dollars currency in Ireland before you travel […]
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UK Leaving the EU – Possible effects on Ireland
Voters in the UK have decided that they want to leave the EU. This seems to have come as a bit of a surprise to almost everyone. How could this affect Ireland Financially ? As part of Budget 2017 – the government published their Summer Economic Statement just before the UK vote on the EU […]
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ECB Cuts Interest Rate to Zero
At todays monthly meeting of the ECB it was announced that the headline interest rate will be cut to zero from the current low rate of 0.05%. The last cut in the ECB rate was in Sept 2014 when it fell from 0.15% to 0.05%. This cut initially caused a decline in the value of […]
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