Pound Dropped to Seven-Month Low

Note: This section contains information in English only.
Source: Bloomberg
The Pound declined to the weakest level against the U.S. Dollar since July 13 on Martin Weale, policy maker of BOE, announced the U.K. exports may increase if Sterling depreciates. The U.K. currency fell versus 13 of 16 main counterparts, extending last week's decline. The Pound lost 0.3% against the U.S. Dollar and traded at $1.5474, following decline to $1.5438, the lowest in almost seven months, and fell 0.3% to 86.30 pence per Euro after sliding 1.8% last week.
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Mon, 18 Feb 2013 12:37:11 GMT

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