Cable higher on insolvencies reports

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

On Monday, the British Pound was gaining versus the U.S. counterpart, following a report which showed that the number of insolvencies in the U.K. declined by 3.1% last month, affecting 0.08% of all businesses. The Sterling grew by 0.2% versus the greenback to trade at $1.6034 by 11:44 a.m. in London.

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