Pound appreciates against Euro

Note: This section contains information in English only.
Source: Bloomberg
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On Friday British pound appreciated against Euro as investors perceived UK's national currency as safe haven amid Eurozone's debt fears. The Pound appreciated versus 14 of 16 it major counterparts. Sterling gained 0.7% reaching ВЈ0.8553  versus EUR. Jane Foley, Rabobank International's senior strategist believes the sterling may appreciate towards euro reaching ВЈ0.8485. The pair currently is trading at ВЈ0.8555.

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