U.K. Pound Rises to Highest Since 1981 on Interest-Rate Outlook

Story date: 2007-10-31 12:59:00
Added on: 2007-10-31 03:00:36

Bloomberg - Oct. 31 (Bloomberg) -- The British pound rose to the highest since 1981 against the dollar as traders increased wagers the U.S. Federal Reserve will cut interest rates today, widening the difference in borrowing costs with the U.K. The pound climbed ...


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