Pound slips to a month low on retail data

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Source: Bloomberg
The Pound depreciated by 0.2% to $1.6059 in early London trading session on Tuesday. The British Sterling approaches the lowest levels against the U.S. Dollar in a month, as the Statistics Department announced that retail sales expanded by 0.3% in December, slowing from a 0.4% gain November and being worse than a 0.5% economists' prediction. The Pound weakened by 0.4% in last six months.
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Tue, 08 Jan 2013 09:16:33 GMT

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