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Why do currency trading companies offer different rates than those published in the UK newspapers?

April 26, 2017companies currency trading different newspapers Offer published rates UK

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Why do currency trading companies offer different rates than those published in the UK newspapers?

1 Answer

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Foreign currency exchange rates published in newspapers are from international wire services, based on the dealing price, usually of the preceeding day. With currencies being traded online 24 hours a day the newspaper rates will always be unreliable and out of date. Rely on our account representatives for reliable currency rate quotes.