Sterling weakens as inflation falls

Note: This section contains information in English only.
Source: Bloomberg

The Sterling dropped 0.3% versus the U.S. currency, thus reaching the weakest level in two-months, after the U.K. government reported slower inflation of 2.2%, which is the lowest level in a year. The inflation has retreated 0.5% from previous month, thus almost reaching 2% mark at which the policy makers might increase interest rate.

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