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Pound drops to five-week low versus Euro on debt-crisis optimism

Posted by seumasach on November 30, 2012

For all the talk of Britain suffering because of the Euro crisis the reality is that she has been the main beneficiary: even a hint of the resolution of the Euro crisis will expose the exceptional vulnerability of the Pound

Bloomberg

30th November, 2012

The pound fell to a five-week low against the euro amid speculation European officials are making progress in stemming the region’s debt crisis, damping demand for the relative safety of the U.K. currency.

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