Euro at 91p puts more pressure on Irish small firms exporting into Britain

Irish firms will find it more difficult to trade profitably into Britain the higher the euro marches against the sterling

A Union Jack piggy bank lays broken on the day the UK officially went into recession.

The euro has risen against sterling to over 91 pence against sterling, potentially putting more pressure of small Irish companies which depend on selling goods and services at competitive rates into Britain. 

The rise in the euro to over 90 pence has yet to match the worst times of the Brexit crisis in recent years when it appeared that Britain was intent on carrying out its threat to drop out of the EU without a transition deal.