Pound Falls to All-Time Low Against the Euro - Instablogs
Pound Falls to All-Time Low Against the Euro
Nick , Liverpool: Apr 11 2008
Made Popular Apr 11 2008
United Kingdom :
The pound has touched another all-time low against the euro, driven by the Bank of England cutting UK interest rates as had been widely expected. One pound was worth as little as 1.2457 euros in Thursday trading though sterling later strengthened...
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Tags: Pound, Euro, Bank of England, Business
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Mahmud
1 Stars
Mahmud Apr 11 2008
Tehran, Iran
Is this an indication of increasing financial influence of European Union in world? Are US dollars and UK pounds are losing shine against Euro in financial market. the recent sub-prime crisis has hit US dollar hard and it seems Euro is replacing dollar as international currency.
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