Euro Pound Exchange Rate Edges Higher as German Downgrades Covid-19 Risk Level | Euro Exchange Rate News
EUR/GBP Exchange Rate Rises on ‘Grounds for Optimism’ for Europe’s Reopening The Euro Pound exchange rate rose by 0.4% today after Germany downgraded its Covid-19 risk level, buoying confidence in the recovery of the Eurozone’s largest economy. The pairing is currently fluctuating around £0.86. The Euro (EUR) benefited from the German government’s downgrading of the nation coronavirus risk to ‘high’ from ‘very high’. German health minister Jens Spahn said that the Government now has ‘grounds for optimism’ thanks to the nation’s rollout of Covid-19 vaccines. In Eurozon...
Source: euroexchangeratenews.co.uk