€-€-€ and the GREAT British Pound.....!

Tercentenary of the Bank of England, commemora...Image via Wikipedia

These two, the € and the GBP are decidedly not friends and lovers....!

Here is just a little note showing their history since the beginning!

1990-01-04 - January 04, Thursday: €1.37043 EUR
***************
September 2009 - on 23 Sept 09: €1.1016 EUR
(over the month Sept 09):
1.13196 EUR (16 days average)
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Sterling takes a tumble against the euro
By Craig McGinty on Sep 21, 2009 in Current Affairs.
BAD news for those relying on sterling income as it has hit a five month low in relation to the euro.
The BBC reports that it was as low as €1.1016, a point not seen since April, but still higher than it
was at the beginning of the year.

The Bank of England's quarterly report blamed the weakening of sterling on foreign investors
turning their backs on UK sterling assets and the need for the UK economy to rebalance.

Location map: United Kingdom (dark green) / Eu...Image via Wikipedia

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