• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Megri UK Blog

United Kingdom based Blog

  • Home
  • Society
  • Business
  • British
  • UK Politics
  • Finance
  • Sports
  • Travel
  • Conatct

UK figures push euro above 94p

October 13, 2009 By Megri

Sterling hit its lowest point against the euro since March this morning after figures which showed that UK consumer price inflation eased more than expected last month. This reinforced the view that British interest rates will remain low for some time.

The euro rose to 94.1p after the announcement, before falling back to 93.3p this afternoon.

Earlier, the Irish Exporters Association said the UK currency’s weakness was catastrophic for exporters. Chief executive John Whelan told RTÉ radio this was the worst period in living memory for most indigenous exporters. He said sterling’s rate is around 21% weaker than this time last year, knocking €200,000 off every €1m of sales to the UK.

Read More

Filed Under: Business

Previous Post: « Dollar Declines to Weakest Level
Next Post: London to Glasgow Distance »

Primary Sidebar

Follow Us

  • Facebook
  • Instagram
  • RSS
  • Twitter

The British Monarchy Has A Brand New Prince

Summer is the City London 2013

First Doping Case Olympics 2012

Have You Seen Cruise The World at Greenwich Pier

The First Gold Medal – Olympics 2012

Categories

  • British Royal Family
  • Business
  • Computers
  • England
  • Finance
  • Internet
  • Scotland
  • Shopping
  • Society
  • Sports
  • Travel
  • UK Politics
  • UK Webmasters

RSS Europe Rss Feed

  • Macron calls for 'different' method of governing after disappointing legislative vote
  • Oslo shooting near gay bar investigated as terrorism, as Pride parade is canceled
  • Ukraine may have endured its worst week since the fall of Mariupol
  • June 22, 2022 Russia-Ukraine news
  • British Open Golf Tournament Fast Facts

COPYRIGHTS© 2022 Megri UK Blog