Tue, 17 Dec 2013 13:40:04 GMT
Sterling pare gains versus greenback after U.K. inflation data
The British currency pared its gains versus the greenback after report indicated that U.K. consumer-price inflation slowed surprisingly in November, reaching the lowest level in approximately four years. The Sterling traded at $1.6302 as of 10:54 a.m. in London, after climbing 0.2%, while it dropped less than 0.1% to 84.47 pence per Euro after falling to 84.55 pence on Monday,