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The Economic Times
The Economic Times
Business

FORGOTTEN HISTORY: Uk pound hits two month low as dollar surges and boe holds rates - Caught on Camera

The pound dropped to its ​lowest in two months on Thursday ​as bets on U.S. rate hikes boosted the dollar ​and the Bank of England struck a measured tone on inflation as it held borrowing costs steady.

Sterling fell 0.6% to $1.322, its lowest since early April, as the ‌dollar surged.

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