BER Currency News

BER Home/s

  1. Home
  2. Currency News
  3. BER Authors
  4. Author: BER Admin

BER Admin  Author: BER Admin

Turkish lira resilient despite weekend coup bid

Turkish Lira 1 Week charts You know a country has a strange sort of democracy when despite a coup attempt over the weekend, the currency is down less than 1 percent versus the US Dollar. In fact the Turkish Lira is even up for the week versus the Japanese Yen! Please note: the above quoted exchange rates, updated Mon Jul 18, are market mid-rates that will have a commission applied by your typical high street bank.

British Pound (GBP) plunges on unexpected Brexit poll result

Categories: AUD, CAD, EUR, GBP, JPY, Markets, USD
Brexit plunges to 30 year lows GBPUSD was down 12% at one point but has regained half those losses on calming remarks by Governor of the Bank of England Mark Carney saying that Brexit contingency plans are under way. Traffic on BestExchangeRates have been up 500% as our customers look at what today’s dramatic events mean for them.

British travellers in a rush to buy foreign currency

Categories: EUR, GBP, Markets, Travel Money, USD
British travellers are in a rush to buy foreign currency before the approaching Brexit vote and their summer holidays. GBP/EUR 1 Year Chart The GBP/EUR exchange rate has reversed its yearly decline recently against a basket of currencies. It hit a low of 1.237 against the Euro in the first half of April and since then has improved 4%.

Australia Week in China Trade Delegation

Categories: Press
BestExchangeRates was selected as a delegate for the Australia Week in China (AWIC) trade delegation to China with Prime Minister Malcolm Turnbull in April 2016. AWIC 2016 was the largest business mission ever organised by Austrade consisting of almost 1000 delegates from around 750 companies. AWIC 2016 focussed on forging business linkages, building the bilateral relationship with our largest trading partner and demonstrating Australia as a trusted trade, investment, education and tourism partner with China.

Easily distracte…? Try our shorter web address

Categories: Feedback
Too long to type on your phone or tablet? Try our shorter web address For example a shortcut to the mid-rate calculator for $15000 AUD to USD would be

ANZ advertised IMT rates extra “Timer Margin” for Internet Banking

From time to time we perform BER Rate Checks to ensure the advertised rates for Banks and Brokers are accurate. The below check was run for ANZ Internet Banking International Money Transfers (IMT) Rates (fx rates advertised at on 28/04/2015 and 4/5/2015 (AUD exchange rates). The rates on both dates and for all currencies were worse than those advertised by ANZ for IMT.

BER Rate Checks

Categories: Feedback, Markets
Here at BER we are very keen on promoting Exchange Rate Margin and Fee transparency. Where possible we publish the publicly available bank and fx vendor exchange rates advertised on their publicly accessible websites and any incorrect rates would affect the vendor’s positions in the BER comparison table. Some customers have been reporting that the exchange rates for International Money Transfers published by their Financial Institutions on their websites are better than those available to their customers via Internet Banking.

World Bank predicts Global remittances rising to $608 billion in 2015

Categories: INR
Officially recorded remittances by the World Bank to developing countries were $435 billion in 2014, an increase of 5 percent over 2013. The growth rate is substantially faster than the 3.4 percent growth recorded in 2013, driven largely by remittances to Asia and Latin America. Remittances to developing countries will continue climbing in the medium term, reaching an estimated $454 billion in 2015.

RBI ups limit under Liberalised Remittance Scheme to $250,000/person in a year

Categories: INR
NEW DELHI: The Reserve Bank of India (RBI) in its monetary policy review enhanced the limit under Liberalised Remittance Scheme (LRS) to $250,000 per person per year. “On a review of the external sector outlook and as a further exercise in macro prudential management, it has been decided to enhance the limit under the LRS to $250,000 per person per year,” RBI governor Raghuram Rajan said.

WorldRemit – Customer Feedback

Categories: Partner Reviews
wr-new-logo-large Why choose WorldRemit? Low cost Low fees displayed up-front. Guaranteed exchange rates Fast Instant transfer to many countries. Send & receive notifications by SMS and email Simple 24/7 service – no agents to visit. Available on computer, smartphone & tablet Trusted Industry-leading payment security. Rated ‘Excellent’ by our customers on Trustpilot More ways to receive money Choose from a range of convenient options Bank deposit Instant money transfer to many major banks.

Next Page

BER logo Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers

Level 2, 50 Bridge St, Sydney NSW 2000.

Disclaimer | Copyright | Privacy Statement


Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service


This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.