Pound to euro exchange rate: GBP faces new lows as pandemic rages on

The pound was dealt another blow this morning after a series of growths last week. How will the coronavirus pandemic afford the exchange rate?

The pound to euro exchange rate suffered a blow this morning, recording its first daily loss in more than a week. Though the pound rallied to a three-week high on Thursday, the GBP has dropped 0.32 percent overnight.

Sterling has been reacting to market conditions surrounding the ongoing pandemic with businesses worldwide closing their doors.

The pound is currently trading at a rate of 1.1326 against the euro according to Bloomberg at the time of writing.

Speaking...
source: Express

2020-04-06 10:38
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