Pound strengthened most in month on rate outlook

Source: Bloomberg
© Scanpix/Reuters
The U.K. currency added the most in one month versus the greenback amid speculation that the Bank of England will hike the rate. The Sterling strengthened 0.4% to $1.6681 as of 4:19 p.m. London time, the biggest advance since Feb. 14. The Pound appreciated 0.2% to 83.49 pence per 18-nation currency after the price contracted to 83.78 pence, the lowest since Dec. 27.
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