Pound hit six-week high on Wednesday

The British Sterling appreciated to its highest level in six weeks against the Euro as a demand for the U.K. currency as a haven asset was boosted by the funding crisis in Cyprus where lawmakers decided to agree with measures designed by the Eurozone in order to get the rescue financial package. The Pound advanced by 0.3% to 84.62 pence per Euro after it hit its six-week high at 84.52 pence.