Sterling advanced to 6-month high versus Euro amid EU inflation

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
The Pound appreciated 1.0% to 84.79 pence per Euro as of 3:15 p.m. in London, reaching the highest level since April 25, as the ECB is likely to reduce interest rates next week, to encourage economic growth, which is inhibited by low inflation rate and increasing unemployment. Meanwhile, the currency is traded at $1.6047.
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