Sterling rises to its five-week high on Friday amid Cyprus bailout debate

The British Sterling advanced against the Eurozone's currency to the highest level in a five-week period as Cypriot lawmakers started new bailout debate after they rejected first European refinancing plan. The Pound appreciated 0.1% to 84.96 pence per Euro earlier on Friday London session following a jump to 84.85 pence, its strongest level since February 11.