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British Pound at 7-Year High Against Euro
The U.K.'s pound sterling rose to nearly €1.41 today, its strongest value against the euro since December 2007.
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The U.K.'s pound sterling rose to nearly €1.41 today, its strongest value against the euro since December 2007. The pound has risen 15% from a year ago.
Economists say continuing worries about a possible Greek exit from the eurozone have helped strengthen the pound. The country's creditors are demanding a specific economic reform program before they agree to new loans to Greece.
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