U.K. Pound Erases Decline Versus Euro to Trade at 86.49 Pence

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The pound erased a decline against the euro to trade little changed at 86.49 pence as of 10:11 a.m. London time.

The U.K. currency earlier weakened as much as 0.4 percent to 86.78 pence. It was also little changed at $1.5271.