Euro plunges to new low

The euro plunged to a new low against the pound and the dollar this week. It fell to 57p ($0.92) earlier this week in response to mounting criticism over the progress of deregulation in Europe. The CBI said that the tendency for the pound to keep pace with the dollar was causing increasing problems for […]

The euro plunged to a new low against the pound and the dollar this week. It fell to 57p ($0.92) earlier this week in response to mounting criticism over the progress of deregulation in Europe. The CBI said that the tendency for the pound to keep pace with the dollar was causing increasing problems for UK manufacturing.