November 22, 2024 – Written by John Cameron
STORY LINK Pound to Euro Rate Wavers amid Rising UK Borrowing and Russia-Ukraine Fears
The Pound Euro (GBP/EUR) exchange rate wavered sideways on Thursday as rising UK borrowing costs and flaring tensions in the Russia-Ukraine war weighed on both currencies.
The Pound (GBP) declined on Thursday as higher-than-expected UK government borrowing figures raised concerns about the state of the public finances.
Data from the Office for National Statistics…
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