{"id":118492,"date":"2024-10-22T18:48:27","date_gmt":"2024-10-22T17:48:27","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118492"},"modified":"2024-10-22T18:49:23","modified_gmt":"2024-10-22T17:49:23","slug":"109307-gbp-eur-pair-rises-from-e1-20","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109307-gbp-eur-pair-rises-from-e1-20\/","title":{"rendered":"GBP\/EUR: Pair rises from \u20ac1.20"},"content":{"rendered":"<p>The pound euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is rising modestly after a flat end yesterday.<\/p>\n<p>The pound rose as investors weighed up higher Government borrowing against a <a href=\"https:\/\/currencylive.com\/news\/109306-gbp-eur-pound-rises-after-imf-upwardly-revised-its-growth-outlook\/\">growth upgrade from the IMF.<\/a><\/p>\n<p>Economic data showed that the UK government borrowed \u00a316.6 billion in September, the third highest September borrowing ever.<\/p>\n<p>The IMF now considers that the UK will grow 1.1% this year, revised higher from 0.7%.<\/p>\n<p>The IMF downwardly revised the eurozone growth forecast by 0.1% to just 0.8% in 2024. Growth for 2025 was lowered by 0.3%.<\/p>\n<p>Germany is expected to contract -0.3% this year, underperforming the broader market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising modestly after a flat end yesterday. The pound rose as investors weighed up higher Government borrowing against a growth upgrade from the IMF. Economic data showed that the UK government borrowed \u00a316.6 billion in September, the third highest September borrowing ever. The IMF now considers that the [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-118492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair rises from \u20ac1.20 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/109307-gbp-eur-pair-rises-from-e1-20\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises from \u20ac1.20\",\"datePublished\":\"2024-10-22T17:48:27+00:00\",\"dateModified\":\"2024-10-22T17:49:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/\"},\"wordCount\":97,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100624-gbp-eur-no-deal-brexit-fears.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109307-gbp-eur-pair-rises-from-e1-20\\\/\",\"name\":\"GBP\\\/EUR: Pair rises from \u20ac1.20 - 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