Euro steadies as BoE keeps rates stable

Source: Reuters
© Scanpix/RS
The 18-nation bloc currency held steady versus its U.S. counterpart on Wednesday and it rebounded from the weakest level in sixteen months against the British Sterling after the Bank of England decided to maintain its interest rates unchanged. The Euro was traded at $1.3710 after falling to $1.36885 yesterday, while it was last seen at 81.75 pence.

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