Exchange Rate

N.Ireland

Direct payments and Young Farmers’ Payment exchange rate confirmed

The exchange rate to be used to calculate 2018 direct payments and the Young Farmers’ Payment was announced by DAERA today.

Sterling/euro exchange rate edging closer to parity

Agri-Business

about 9 years ago

Sterling/euro exchange rate edging closer to parity

The Sterling/euro exchange rate has taken another step towards parity as significant market movements in China overnight has seen the value of Sterling weaken further.

Euro reaches its strongest level against Sterling in three years

Agri-Business

about 9 years ago

Euro reaches its strongest level against Sterling in three years

The euro has continued to its upward momentium against Sterling this week with an increase of 0.8% this week.

Euro gains against the pound (worst possible time for the beef trade)

Agri-Business

over 10 years ago

Euro gains against the pound (worst possible time for the beef trade)

The Euro rose to its highest level in six months against the pound yesterday amid stock market turmoil around the world.

Expectation that euro will remain weak for two years or more

Agri-Business

over 10 years ago

Expectation that euro will remain weak for two years or more

Expectations are that the euro will remain weak through the duration of the ECB quantitative easing programme, according to Teagasc.

Beef

over 10 years ago

UK/Irish beef price gap back to 'crisis' level

Cattle prices are generally back in euro terms and a weakening of the euro against sterling resulted in beef prices showing a marked decline in sterling terms.