British Pound at Three-Month Low Against the Dollar
- OurStudio
- Jul 5, 2013
- 1 min read
The pound has fallen to a three month low against the dollar, and analysts suggest it could weaken further.
The pound was trading below $1.50 against the US dollar at around $1.499.
The currency dropped sharply after markets were warned by the Bank of England not to assume the bank would start raising rates soon.
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