Pound Euro exchange rate - GBP EUR up 0.45% Sterling Strengthens BOE Meeting Notes
23 Nov 2011 at 12 PM - Written by Tim Boyer
The Pound Euro exchange rate GBP EUR is trading at 1.6257, trading up 0.45%. The Pound Dollar exchange rate GBP USD is trading at 1.55823, trading down 0.4%. The Euro Dollar exchange rate EUR USD is trading at 1.34037, down 0.85%. The Euro Sterling rate EUR GBP is trading at 0.86404, down 0.45%.
The Pound Euro exchange rate has gained today prompty after the minutes from the Bank Of England's Monetary Policy Commitee were released. The current level of UK quantitative easing saw no change, remaining at £275 billion. Many analysts expected further injection at the November 10th BOE MPC meeting.
Despite no new addition to the QE announced, 2012 will likely see a further cash injection into the fragile UK economy.
Interest rates also remain unchanged at 0.5%
For pound sterling to euro money transfers, live foreign exchange rates and a currency converter please see the Currency News website.
STORY LINK Pound Euro exchange rate - GBP EUR up 0.45% Sterling Strengthens BOE Meeting Notes
Pound Euro exchange rate - GBP EUR up 0.45% Sterling Strengthens BOE Meeting Notes
The Pound Euro exchange rate has gained today prompty after the minutes from the Bank Of England's Monetary Policy Commitee were released. The current level of UK quantitative easing saw no change, remaining at £275 billion. Many analysts expected further injection at the November 10th BOE MPC meeting.
Despite no new addition to the QE announced, 2012 will likely see a further cash injection into the fragile UK economy.
Interest rates also remain unchanged at 0.5%
For pound sterling to euro money transfers, live foreign exchange rates and a currency converter please see the Currency News website.
TAGS: Daily Currency Updates Euro Forecasts Pound Euro Forecasts Pound Sterling Forecasts
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