Sterling edges towards euro parity
By the end of the trading day in Europe, one pound traded at €1.02 and $1.45 against the euro and the dollar respectively.
The pound has suffered a sharp and persistent drop since the start of the global credit crisis. In September 2007, sterling traded at just below €1.50 to the single currency and reaches as high as $2.10 against the greenback.
But sterling
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