It has dropped from €1.134 which the exchange rate saw yesterday, after highs of €1.140 late last week.
The exchange rate has struggled to improve this week thanks to mounting concerns surrounding the latest Brexit news and the UK economy.
Laura Parsons, currency analyst at TorFX explained how the pound had struggled.
She told Express.co.uk: “A combination of Brexit and Bank of England (BoE) concerns kept the pound under pressure on Wednesday, with GBP/EUR easing back to £1.132.”
The Scottish economy has grown in the first quarter of 2018 by 0.2 per cent, double the rate of the UK.
UK GDP growth was just 0.1 per cent for the first quarter.
Finance Secretary Derek Mackay told BBC News: “Scotland’s economy is strong, with output per head the highest in the UK outside London and the south-east.
Earlier this month, reports found that British factories had their worst month in more than five years in April.
Data from the Office for National Statistics found that manufacturing output had the biggest fall since 2012.
The latest Brexit news has also revealed a lack of progress in the latest negotiation to leave the EU next year.
With the country due to leave by March 2019, Theresa May has been warned that “time is running out” for a good deal, according to Irish Prime Minister Leo Varadkar.
The transition period that will end after December 2020 has led to many UK businesses and companies to issue a warning that they could be forced to relocate.
Airbus issued a statement that 14,000 jobs could be at risk.
Ryanair has continued to advise against a lack of a good deal that could affect UK aviation.
Theresa May will be discussing a number of issues with the 27 EU leaders at the summit in Brussels over a number of days.
Ms Parsons explained how the UK exchange rate could be affected by other factors this week.
She said: “The main cause of GBP/EUR movement today is likely to be Germany’s inflation data.
“Declining consumer price pressures may send the euro lower and give the pound a chance to climb.”
UK inflation remains steady at 2.4 per cent in May.