Bloomberg News

Pound Pares 0.4% Decline, Recovering From 3-Week Low Versus Euro

June 28, 2011

June 28 (Bloomberg) -- Britain’s pound pared an earlier 0.4 percent decline against the euro, recovering from an almost three-week low against the shared currency.

The pound traded little changed at 89.39 pence per euro as of 12:13 p.m. in London. The currency had earlier slid to 89.66 pence to the euro, the weakest intraday level since June 8.

To contact the reporter on this story: Garth Theunissen in London at gtheunissen@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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