Mon, 02 Sep 2013 10:08:34 GMT
Pound rises after better-than-forecast manufacturing PMI
The British currency advanced versus the greenback, after U.K. manufacturing Purchasing Managers' Index overshoot expectations and touched the strongest level in two and a half years of 57.2 points in August. Pound inched up 0.50% against the Dollar to $1,5574 and jumped 0.41% versus the common currency to £0.8486, and rallied 1.72% to 154.72 versus the Yen.