The euro exchange rate fell to GBP0.844 in the wake of new consumer price index data. The data showed that the index fell by 1.1% in May from the previous year's results.

UK inflation is the other key factor for the push of the sterling. Consumer price inflation dropped from 2.3% to 2.2%. The results are less than the 2% anticipated helping the sterling reach new highs against the euro.

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The rates quoted above are interbank rates. Client rates may vary according to the volume and timing of the trade.