Pound drops versus U.S. Dollar on speculation Fed to slow stimulus

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Source: Bloomberg
The British Sterling decreased against the U.S. Dollar on Friday completing its weekly fall on speculation that the Federal Reserve may begin slowing its bond-buying program boosting demand for the U.S. currency. The Pound declined by 0.2% to $1.5244 at 7:50 a.m. in London following a drop to $1.5174 on May 15, the lowest level since April 4.

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Fri, 17 May 2013 10:27:03 GMT

Emerging-market stocks fall completing weekly drop

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Fri, 17 May 2013 10:16:03 GMT

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