Pound Pares Drop Against Euro, Declines Versus U.S. Dollar

By Agnes Lovasz

Oct. 1 (Bloomberg) -- The pound pared its drop against the euro and fell versus the dollar.

The U.K. currency was at 79.20 pence per euro as of 1:05 p.m. in London, from 79.13 pence yesterday, after dropping to as low as 79.53 pence. It was at $1.7781, from $1.7805 yesterday.

To contact the reporter on this story: Agnes Lovasz in London at alovasz@bloomberg.net