Pound drops as inflation falls below BoE target

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling weakened on Tuesday falling from the strongest level in a four-year period against its U.S. counterpart after a government report showed that inflation in the United Kingdom eased below the BoE target. The Pound lost as much as 0.3% to $1.662 as of 10:05 a.m. in London following a climb to $1.6823 recorded yesterday.

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