Not exact matches
Sterling could decline further
against the
euro to offset the economic impact of losing trade links with the European Union, the president of the Peterson Institute told CNBC on Tuesday.
It's bad news for all British wine lovers: bottle prices are set to increase in 2017 as
sterling continues to depreciate
against the
euro.
Early in Wednesday's session,
sterling had also fallen
against the
euro.
Christina Kalogera, director of the Greek National Tourism Organization's U.K. and Ireland office, told CNBC that Greece was hopeful that 2015 would be a good year for the tourism industry, particularly with the
euro weakening
against the dollar and
sterling.
Our financial position, as expressed in pounds
sterling, is exposed to movements in foreign exchange rates
against the U.S. dollar and the
euro.
Despite the fact that
sterling has given that weakened
against the dollar, the currency market place volatility has ongoing this yr, notably with the Swiss franc and the
euro.
A source close to the deal told Sky Sports News HQ: «
Sterling falling
against the Euro has made it a lot more expensive to buy players in
Euros.»
Business for
Sterling mobilised vast numbers of businesspeople
against the single currency, neutralising the Government's economic case for the
euro, and Vote 2004, which gradually evolved into Open Europe, ultimately led the charge
against the EU Constitution.
That would go up further if
sterling were to weaken
against the
euro, since the tariff in this case is a
euro - based value.
«We are happy to invest in businesses that earn their money in
euros in France or Italy or
sterling in the UK, because I don't have a feeling that those currencies are likely to depreciate
against the dollar.
The statement added: «In the past year, the
sterling,
euro, Australian and Canadian dollars and South African rand experienced significant negative moves
against the US dollar.»