Business · 2 hours ago

Pound reaches strongest euro rate since May 2025 as French unrest weighs

France’s political instability and rising natural gas costs weakened the euro, while stronger UK economic figures supported sterling. On Monday, the pound climbed to 83.95 pence per euro, its strongest level since May 2025, before settling at 84.11 pence. Investors are watching Britain’s 28 October budget, as doubts over government finances could weaken confidence in sterling.

By BriefTea Editorial · 19 October 2026 at 12:19

Reported by Reuters · How we write briefs

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