Pound weakens as budget widens in U.K.

Source: Bloomberg
The British Sterling slipped on Friday falling for a first day in three sessions against the 17-nation bloc currency after a government report showed that budget deficit in the United Kingdom widened and consumer sentiment surprisingly dropped. The Pound slid 0.2% to 83.62 pence a Euro as of 4:23 p.m. in London and it rose 0.9% this week.

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