Euro / Pound sterling

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Updated: 18 Jan, 3:11 pm UTC
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The Euro is the official currency of the European Union (EU). It is used by 19 of the 28 EU member countries and is the second largest reserve currency in the world. In terms of investing and financial markets, the Euro is used to conduct international transactions and to facilitate the pricing of goods and services. It can also serve as a hedge against currency fluctuations and help to diversify a portfolio. The Eurozone's large size and broad economic base make it an attractive investment destination, allowing investors to access a range of markets and asset classes. The Euro's stability and liquidity make it a reliable and attractive investment option.