The Great Britain pound climbed today as the house prices rose and the European debt crisis increased the attractiveness of the sterling as the safe currency.
The house prices grew 0.2 percent in November, posting the gains for the seventh month, according to the report of the Acadametrics Ltd. and LSL Property Services Plc. The pound also rose as the fiscal problems in the European Union increased the appeal of Britain’s assets. The UK central bank kept the interest rates unchanged at 0.5 percent yesterday.
GBP/USD rose from 1.5769 to 1.5835 today as of 11:55 GMT, following the advance to 1.5861. GBP/JPY went up from 132.04 to 132.22 after it rose previously to 132.57.
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