Pound increases from a two-week low versus Euro

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Source: Bloomberg
© Scanpix/Reuters
The Sterling appreciated by 0.3% to 80.32 pence per Euro and 0.18% to 1.5883 per Dollar in early London trading session on Friday. The Pound versus the Euro steps higher the first time in the last six trading session, increasing from a lowest point in two weeks. The Sterling is mainly affected by speculations that the Central Bank of England will add further quantitative easing stimulus and the inflation data, that the Great Britain's currency remains above 2% inflation target for an upcoming year.
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Fri, 16 Nov 2012 13:01:45 GMT

The worst weekly performance of Philippine Peso in two months

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