THE RELENTLESS rise of Sterling against the Euro continued last night – as the exchange rate reached £1=€1.34.
Investors have responded to European Central Bank plans to print more euros by selling the currency and buying pounds.
The bank said that it would pump €60bn a month into the EuroZone economy.
The pound reached a seven-year high against the euro of €1.34 last night.
It means fuel prices in Donegal filling stations will drop even further – and make trips to the South and to Europe cheaper.
However it could seriously affect businesses in Derry which rely on tourists and cross-Border shoppers.
It will also make exports more expensive.
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