Battered Sterling Falls 3.4% Against the Dollar

Daily MailDecember 02, 2008

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Summary


STERLING suffered its biggest one-day slump against the dollar in 16 years yesterday.

The pound tumbled 3.4 per cent against the U.S. currency - the worst since Britain was ejected from the European Exchange Rate Mechanism in 1992.

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Extract


Battered Sterling Falls 3.4% Against the Dollar

Fears of further business failures in the City w...

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