The pound has reached its highest level against the euro since February 2020, before the onset of the Covid pandemic.
1 minute readThe pound has been climbing in recent days thanks to the easing of fears surrounding the Omicron variant, and whispers of a further interest rate rise from the Bank of England at its February meeting.
In contrast, the euro has struggled with ongoing restrictions across parts of the continent, and an insistence from the European Central Bank that rates are to remain frozen.
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