Pound hits new high against the dollar

The UK's pound smashed another landmark today as the fallout from yesterday’s shock inflation figures pushed it to a 26-year high against the dollar.

Pound hits new high against the dollar
Wed, 18 Apr, 2007 - 10:53

The UK's pound smashed another landmark today as the fallout from yesterday’s shock inflation figures pushed it to a 26-year high against the dollar.

The currency broke through the symbolic two US dollars mark yesterday after the inflation data increased the prospect of further interest rate rises.

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