June 28 (Reuters) – Sterling was on track for its biggest monthly rise versus the euro since January as political concerns weigh on the single currency ahead of general elections in the UK and France.
The pound edged higher on Friday after revised data showed Britain’s economy pulled out of recession at a faster pace than previously thought in the first three months of this year.
It was up 0.06% versus a flat dollar at $1.2646. It was up 0.05% against the single currency at 84.72 pence per euro and set for a monthly rise of 0.6%.
Source: REUTER
