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Cross-border capital and currency

Dollar strength and the September asking price

On 25 September 2026 Reuters had the euro at a two-month low of $1.1370, with sterling near a three-month low. A $750,000 ask is about €660,000, about £567,000, or about SGD 958,000 at the conversion rates used on this page.

James OkonkwoBy James Okonkwo, Cross-Border Capital Correspondent

Published 25 September 2026 at 3:20 pm GMT+8.

  • Data as of 25 September 2026
  • Press reports
  • Also draws on official sources.
Scattered international banknotes in black and white, including a US fifty-dollar bill, sterling notes, and other national notes.
Scattered international banknotes in black and white, including a US fifty-dollar bill and sterling notes.

The dollar is set for a second straight week of gains, Reuters reported on 25 September 2026. The euro touched a two-month low of $1.1370. Sterling sat near $1.3220, close to a three-month low. Later the same day, Reuters had the euro at $1.141 and sterling at $1.326. Those prints change what a fixed dollar asking price costs in euros or pounds before the local list price moves at all.

Take a $750,000 dollar-priced ask at the lows. It comes to about €660,000, or about £567,000. The euro and sterling conversions use those lows ($1.1370 and $1.3220), not the later same-day prints. In Singapore dollars the same ask is about SGD 958,000, using the ECB euro foreign exchange reference rates as of 25 September 2026 (USD 1 = SGD 1.2771). A euro- or sterling-based buyer of dollar-priced stock, or of Dubai property, priced in dirhams, which are pegged to the US dollar, needs more home-market cash to clear the same purchase price than when the dollar was softer. The mirror works the other way. A dollar-based buyer of eurozone or UK list prices finds those purchase prices cheaper in dollars at the same local ask.

Banque de France daily parities for 23 September 2026 put EURUSD at 1.1411. That reading sits on the same side of the move as the Reuters prints two days later. Neither figure is a forecast of next week. Both are dated marks for pricing a cross-border purchase today.

This brief does not reprice a building. It puts the asking price beside the recent dollar strength so the buyer can see how much home cash the purchase price already absorbs. That conversion sits with the other border notes under International investing, and is worked through in international real estate investing.

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Sources

Sources read 25 September 2026.