25.03.2011 - Sterling falls to 2011 low vs currency basket |
Sterling fell to its lowest this year against a basket of currencies on Thursday, driven by sharp falls against a firmer euro in the wake of weak UK retail sales data and a warning by Moody's on risks to economic growth. Trade-weighted sterling =GBP fell as low as 79.6, its lowest since December 31, 2010..............................................Full Article: Source |