Trade-weighted sterling rises to 6-week high - BoE data
LONDON |
LONDON (Reuters) - Sterling rose to its highest in six weeks on a trade-weighted basis, buoyed by its gains against the weak euro, data from the Bank of England showed on Wednesday.
The Bank's sterling trade-weighted index rose to 83.8, up 0.12 percent and its highest level since May 29. The euro was trading at 78.94 pence, near a 3-1/2 year low of 78.925 pence struck earlier in the session.
(reporting by Anirban Nag; editing by Jessica Mortimer)
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