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Pound Advances Versus Euro, Strengthening 0.2% to 80.77 Pence

Oct. 9 (Bloomberg) -- The pound advanced for the first time in eight days against the euro, snapping the longest run of declines in almost three years.

Sterling climbed 0.2 percent to 80.77 pence per euro as of 8:34 a.m. London time. It had fallen for seven straight days, the longest run of declines since the period ending Nov. 26, 2009.

The pound slid 0.1 percent to $1.6010 after falling to as low as $1.6008, the least since Sept. 11.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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