World Economy
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Pound Advances

Pound AdvancesPound Advances

The pound rose versus the euro, reaching a three-week high, as reports added to evidence the UK economy is withstanding the stagnation that may lead to more monetary stimulus for its euro-area neighbors, Bloomberg reported. The pound gained 0.9 percent to 78.88 pence per euro, the strongest level since November 12.

 

Financialtribune.com