Posted on: 21st August 2017 in Dubai
Since the Brexit vote last year, the British Pound has taken a beating from every single currency in use amongst the world’s sixteen top economies (according to leading research firm Caxton). Happily for British expats out in Dubai, the UAE dirham has put on 15% – which makes going home for Christmas that little less daunting! Since Brexit, the British Pound is down 11% on the US dollar and 15% on the Euro, as well as 20% weaker on the South African rand and an average of 17% weaker against Brics nations (Brazil, Russia, India, China and South Africa).We have 18 offices across the globe and we manage over $2billion for our 20,000+ clients
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