Pound to euro exchange rate: Sterling TUMBLES as inflation hits five year high

Pound to euro exchange rate: Sterling TUMBLES as inflation hits five year high
 

The pound has struggled to climb against the euro as recent data shows inflation has reached a five year high.
It is currently trading at €1.121, dropping from yesterdays figures of €1.129.
The newest data revealed inflation is to peak at 3.1 per cent in October, after increasing from 3 per cent in September.
Figures this high were last seen in March 2012.
The Bank of England predicts a high of 3.2 per cent before falling later this month.
With the UK’s target of 2 per cent, anything above or below this means that Mark Carney, Governor of the Bank of England, must write to Philip Hammond... read more

 
14 November 2017 in Travel, Views: 48
Share:
  •  




    News Widget for Webmasters


    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
        1 2 3 4 5
    6 7 8 9 10 11 12
    13 14 15 16 17 18 19
    20 21 22 23 24 25 26
    27 28 29 30