Pound moving in on weekly gain versus Euro after S&P cut France's credit rating

Note: This section contains information in English only.
Source: Bloomberg
The Sterling was fluctuated at 83.43 pence per Euro at 9:22 a.m. in London, after reaching 83.01 pence yesterday, the highest since January 17, after Standard & Poor's, the world's leading index and credit ratings provider, downgraded France's credit rating by one notch from AA+ to AA, as government's taxation, services and product as well as labor market reforms won't improve country's medium-term growth.

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