Sterling rises following decrease in unemployment figures

Note: This section contains information in English only.
Source: Bloomberg
The Pound reached its 22-month high against the Euro as the U.K. jobless rate fell to the lowest since 2008, indicating the economy is ready for higher interest rates. The Sterling rose 0.2% to 78.98 pence per Euro. The rally followed the BoE Governor Mark Carney's extensive plans to increase the borrowing costs.

 

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