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Business · 2 hours ago

Pound reaches near three-month high against the euro

Pound reaches near three-month high against the euro

The European currency fell to 84.60 pence on Monday, meaning it has lost ground to sterling for six days in a row. Markets are selling off the euro due to growing fears that France cannot keep its national debt under control. At the same time, the pound gained strength after Bank of England officials hinted at keeping monetary policy tight.

Reported by Reuters · How we write briefs

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