New CPI data pushes sterling
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.
Click here for the best euro exchange rates.
The rates quoted above are interbank rates. Client rates may vary according to the volume and timing of the trade.