Pound Battered On Poor Housing Survey

Daily MailApril 17, 2008

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Summary


STERLING took a pounding after a gloomy housing survey, while oil leapt to a record high as investors tried to hedge against a weak US dollar.

The pound dropped to $1.96 against the greenback and hit a low of 80.65p per euro.

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Extract


Pound Battered On Poor Housing Survey

A Royal Institute of Char...

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