Pound Euro Exchange rates - GBP EUR Down Despite UK Public Borrowing Figures Down

November 22, 2011 - Written by Frank Davies

STORY LINK Pound Euro Exchange rates - GBP EUR Down Despite UK Public Borrowing Figures Down

The Pound Euro currency rate GBP EUR is trading at 1.5624, down 0.3% The Pound Dollar currency rate GBP USD is trading at 1.56555, up 0.14%.
The Pound Australian Dollar currency rate GBP AUD is trading at 1.58687, down 0.04%. The Pound New Zealand Dollar currency rate GBP NZD is trading at 2.09129, up 0.21%.

The Pound to Euro exchange rate has seen a decline today, despite the UK public borrowing figures released this morning by the Office for National Statistics.
The figures showed a drop from £7.7 billion to £6.5 billion in October. Sterling has however gained against the Dollar with the Pound to Dollar rate GBP USD up on the day.

International 10 year bond costs have fallen across the board, with Italy and Spain now at 6.6%.

In other news, Thomas Cook shares have fallen in value by 68% today. This after Thomas Cook announced recent discussions regarding bank talks about the size of its debts. 200p per share down to 13p per share. Problems caused by the Eurozone crisis and the Egypt unrest.

For international money transfers, a Pound to Euro converter and live exchange rates please see the Currency News website.

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