THE POUND to euro exchange rate hit a new low yesterday thanks to Brexit uncertainty, experts claimed. The currency has continued to fall today, all while the eurozone flourishes. GBP to EUR sat at €1.124 yesterday. The Post Office is offering €1.0952 today, down from €1.0982 to the pound yesterday.
\The pound continued to fall yesterday, despite positive inflation data from the UK.
Experts advised Express.co.uk that the British currency was falling thanks to Brexit uncertainty.
Now they have revealed that while the pound is struggling, the eurozone is reporting growth.
Laura Parsons, currency analyst at TorFX said: “The GBP/EUR exchange rate continued losing ground on Tuesday despite the UK publishing stronger than expected inflation data for January.
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Conservative Party politician Anna Soubry recently claimed Brexit could be blocked by MPs.
She said on the Andrew Marr show on Monday morning: “Will it definitely happen? I genuinely don’t know what is going to happen.
“I’ll tell you who might stop it and that’s the people of this country.”
Boris Johnson has warned that any concession to demands from hard-line Remainers to dilute the break from the EU would be "a disastrous mistake
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A struggling pound faced lower rates earlier this week, as the exchange rate took a battering following Brexit uncertainty.
With divisions in the government and accusations of being ill-prepared deal negotiations, the pound fell as low as £1.127.
Express.co.uk revealed the foreign currency exchange tricks to get you the best rates for your money.
The best thing to do is shop around and compare currency rates before you commit.