Wednesday December 11, 2019

Things are looking good for Irish exporters

According to most standard metrics, sterling trades between 10% - 15% below its fair value, and the outlook is increasingly constructive

24th November, 2019
Rosslare Europort, a gateway to Europe for our exporters. (Pic: Patrick Browne)

Since the beginning of the year, Irish exporters have enjoyed a windfall in the form of benign currency movements. The two most important currencies for Irish exporters, the US dollar (USD) and sterling (GBP) have both appreciated against the euro (EUR). As regular readers of this column will know, I have maintained a constructive view on sterling for most of the year.

This constructive view reflects sterling’s incredibly cheap valuation profile. According to the standard...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

It’s been a turbulent year for the advertising market, but it’s here in the fourth quarter that the real profits are made

Willie O'Reilly | 3 weeks ago

As more players enter the streaming space, Netflix faces competition for subscribers. Meanwhile, TV remains the strongest medium for brand building

Elaine O'Regan | 3 weeks ago

Hibernia was reportedly in talks with WeWork for the American company to lease two of its high-profile buildings in the Dublin docklands

Ian Guider | 3 weeks ago