Pound to euro exchange rate: Sterling ‘holds steady’ - should you buy travel money?

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SpottyLad
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Pound to euro exchange rate: Sterling ‘holds steady’ - should you buy travel money?

Post by SpottyLad » October 30th, 2019, 7:15 pm

THE POUND to euro exchange rate has shown a marginal decrease since yesterday morning. On Tuesday, GBP showed little reaction to MPs voting in favour of an early UK general election. What does this mean for your holidays and travel money?

The pound to euro exchange rate “held steady” on Tuesday as MPs voted in the House of Commons. They voted in favour of holding an early general election, now due to take place on 12 December. MPs hope the election will “break the ongoing Brexit deadlock,” experts have said.

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Uncertainty around Brexit and the election could serve to see volatile sterling plummet, they cautioned.

The pound is currently trading at 1.1580 against the euro, according to Bloomberg at the time of writing.

Michael Brown, currency expert at Caxton FX, spoke to Express.co.uk regarding the latest exchange rate figures.

“Sterling held steady on Tuesday as MPs voted in favour of holding an early general election on 12 December in an attempt to break the ongoing Brexit deadlock,” said Brown.

Source and full story: Express
ADMIN – NEWSPOTTED.COM

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