Sterling On the Slide Ahead of Big Cut in Interest Rates ; Economy
Evening Standard - London › December 04, 2008
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Summary
THE pound continued its relentless slide against the dollar today ahead of a sharp cut in UK interest rates.
Sterling fell 1.23 cents to $1.4647, and has now lost more than a quarter of its value against the greenback since peaking above $2 in the summer.See the full content of this document
Extract
Sterling On the Slide Ahead of Big Cut in Interest Rates ; Economy
The pound was also down against a weak euro, with the single currency up 0.69p to 86.29p, and hit a 13-year low against the yen.
The slump ...See the full content of this document
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