Pound depreciates versus Euro on higher inflation than target

Note: This section contains information in English only.
Source: Bloomberg
The British Pound weakened by 0.5% to 85.74 per pence to Euro in the second part of London trading session on Tuesday. The pair was slipped to a 85.82 pence level, which was the lowest since 20th of March. Investors trade the Pound with negative sentiments, as a consumer price report indicated a 2.8% inflation in March, what was above a 2% BOE's target.

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