Pound clings to $1.40 on bullish British bets ...Middle East

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Pound clings to $1.40 on bullish British bets
source : Devdiscourse ( Middle East ) () 15
The British pound held close to recent highs on Thursday, withstanding a wider sell-off that has knocked risk currencies. Sterling had risen above $1.41 for the first time since February on Monday, helped by dollar weakness, market relief over Scottish election results, lockdown easings and the Bank of England raising its economic growth forecast.

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