The pound rose against the euro as Britain posted its smallest September budget deficit since 2008.
The U.K. currency advanced 0.1 percent to 81.35 pence at 9:34 a.m. London time. It was little changed at $1.6045.
The shortfall excluding government support for banks was 12.8 billion pounds ($20.5 billion) compared with 13.5 billion pounds a year earlier, the Office for National Statistics said in London today. The median of 21 estimates in a Bloomberg News survey was for a deficit of 13.5 billion pounds.
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