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Sterling holds firm despite sharp drop in UK business activity
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Sterling holds firm despite sharp drop in UK business activity
The British pound traded largely unchanged against the US dollar on Thursday as investors focused on developments surrounding the Iran war, while also assessing weaker-than-expected surveys of UK business activity.Sterling was flat at $1.3437 against the dollar. Against the euro, the pound rose 0.13% to 86.42 pence.The broader currency market remained sensitive to geopolitical developments, particularly the ongoing disruption to global oil flows…
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