The euro hit a two and a half against the Pound Sterling on Friday as investors continue to reduce the city’s single currency positions and with the growing expectations that the Bank of England (Central) may resort to further monetary easing measures .
The euro rose to 85.06 pence at the highest price since 12 December and rose slightly during the day . The official said the Bank of England in a newspaper interview published today that the uncertainty is still marred the prospects for the British economy and that he was prepared to accept the idea of carrying out further quantitative easing measures .
